RMSE has the filthiest, most rancid barrels around - often found overflowing and or abandoned...

http://www.mytowncolorado.com/...mountain-sustainable

$45 million contract to be supplied from new state-of-the-art Colorado bioXchange™ refinery in Fort Morgan

Rocky Mountain Sustainable Enterprises, LLC (RMSE), a leading provider of smart, sustainable biofuels, announced today that it has entered into a biodiesel fuel supply agreement with fuel distributor Gray Oil Company, Inc., to supply up to 4.5 million gallons per year of biodiesel fuel for a three year term.

The agreement has an estimated revenue value of $45 million over the three-year term, according to RMSE CEO Aaron Perry, adding that the revenue value could be millions of dollars higher if energy market prices trend upward.

The biodiesel will be supplied from RMSE’s Colorado bioXchange refinery, a $5 million plant that breaks ground this fall and will be the state’s only producer of premium biodiesel from sustainable resources, producing fuel that meets federal ASTM standards.

“We are excited to be working with Gray Oil, a premier fuel distributor in the Rocky Mountain region, and market leader in the adoption and promotion of biofuels,” said Perry. “This agreement helps us close the loop on truly sustainable biodiesel supplies that are regionally sourced, produced and used, while delivering highest value to our restaurant and commercial facility customers.”

Gray Oil chose to work with Rocky Mountain Sustainable Enterprises because RMSE’s product delivers much higher value than other biodiesel fuels on the market.

“The fact that RMSE is deploying state of the art biodiesel production technology that can produce the fuel from recycled feedstocks such as used cooking oil while maintaining the highest quality and fuel performance specifications, allows us to deliver a premium biodiesel fuel product to our customers at price points much more competitive with petroleum diesel,” said Tom Gray, CFO of Gray Oil.

Colorado bioXchange™ plant coming on-line
After a three-year due diligence technology period, RMSE selected the advanced multi-feedstock production technology from a European company for its Colorado bioXchange™ biodiesel production facility under development in Fort Morgan, Colorado. At the time of commissioning – expected to be in the summer of 2010 – the Colorado bioXchange ™ production facility will have an initial annual production capacity of 4.5 million gallons per year – the equivalent of 0.5% of the diesel fuel consumed per year in the Colorado market.

Supplied in significant part by RMSE’s vertically integrated recycOil® commercial cooking oil recycling service and managed through the Cleantech company’s total supply chain, IT and logistics technologies, the Colorado bioXchange™ will close the loop by converting a significant waste-resource stream into an environmentally friendly and economically competitive energy product.

Yea... Too bad they don't make any biodiesel.

RMSE's press release and contract with Gray's Oil is nothing more than an attempt to gain financing for their 4.5 million gallon plant. I'm sure Gray's got a chunk of the company for the commitment to buy their entire production capability.

The 'state-of-the-art' plant that is nothing more than a processor purchased in Europe and shipped over. Additionally, they said last fall that they were going to break ground and it never happened either. Unless they are able to get the financing in order, the plant will never happen. With the credit markets as tight as they are and the fact that they are considered by banks to be a 'start up' I wouldn't bet on it happening.

It's all smoke and mirrors anyway because my company - Rocky Mountain Biodiesel in Parker is already licensed and producing from waste vegetable oil, so there's no way they'll be the first using sustainable local sources.

When I first started down the WVO road I wanted to purchase tote quantities from someone - I made the newbie mistake of calling these jokers - they were glad to sell me the oil - in 7,000 gallon tanker quantities for $2.25/gallon - barely filtered - if I recall it was down to 100 microns and no guarantee on water content...

These guys ship the oil right out of here into the Texas and Ohio comm markets - I'm sure...

This is kind of off topic but just to give you an idea about the WVO market in Denver, I had a meeting a couple of weeks back with a large biodiesel blender who was looking to have us set them up with processing capability. During the meeting they told me that they had almost 300,000 gallons of WVO on hand and that the renderer was GIVING it to them because the market for it had tanked and it wasn't worth while processing it for resale.

Back to RMSE... I couple of months back I contacted them since they have a virtual monopoly on the Denver WVO market to buy from them and guess what??? They wouldn't even sell me WVO at ANY price because they are trying to lock down the market. It also appears that the state is on their side, since we've been "turned in by concerned consumers" about twice a week since we opened and have had the state breathing down our neck waiting for a screw up.

The state even made us stop offering homebrew classes because it's illegal to teach consumers how to make their own fuel in Colorado. Hit me up if you are looking for a few restaurant pickups. We have locked up a large source and don't need to do the pickups anymore and I'd hate to see RMSE get even more oil.