SOURCE: Industrial Info Resources

March 28, 2008 07:00 ET

Evergreen Energy Shifts Strategy, Idles Wyoming Coal Upgrading Projects, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - March 28, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Although technically still operating as of press time, Evergreen Energy Incorporated (NYSE:EEE) (Denver, Colorado) has announced plans to idle operations at its K-Fuel coal thermal upgrading plant in Gillette, Wyoming. First reported by Industrial Info in 2004, the $160 million K-Fuel coal thermal upgrading plant began operations at the Fort Union coal mine in 2007. After failing to reach rated capacity of 750,000 tons per year, Evergreen Energy hired Bechtel Corporation to perform an optimization study for bringing the plant up to its rated capacity.

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