Cassandra Oil fail in Estonia

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The promised plant will not be built
Swedish company misleads Estonians
(Alena Stadnik)

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Aripaev Newspaper - Estonia
Special Issue INDUSTRY Published on November 13, 2013

Original of the whole article is here (click)
Translation to English is here (click)

Highlights

This year Swedish fuel company Cassandra Oil, with shares listed on alternative investment market (AIM), promised to build a syngas factory, the products of which were supposed to be sold to Nordkalk Corporation producing limestone-based products. However, due to lack of money, the expected factory was never build.

.....”Unfortunately, Cassandra could not offer anything they promised. Naturally, if there is no product, it is impossible to purchase it”.