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Imperium faces new setback with loss of major contract

It's been a tough year or so for Imperium Renewable. Imperium, the force behind one of America's largest biodiesel plants, is a Seattle-area company that was hit with a lawsuit from a former employee this spring. The Seattle Post-Intelligencer details the many other problems facing Imperium: a cancelled IPO, layoffs executives leaving. The latest dark spot comes from the sunny tropics (sort of), because cruise giant Royal Caribbean Cruises has canceled a ginormous biodiesel contract with Imperium. The early end of the 18-million-gallon-a-year ... Read more →

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