"On hold" in this case means "canceled." The organization has no money or employees, the board is being "reorganized," and the new board "will have a new mission that will still aim toward the development of innovative products and chemicals from wood," according to the article excerpted below.
Sorry.
http://www.sunjournal.com/story/220487-3/RiverValley/Rumfords_great_economic_hope_turns_uncertain/Rumford's great economic hope turns uncertain
By Eileen M. Adams , Staff Writer
Wednesday, July 11, 2007
RUMFORD - Plans for a $45 million biorefinery, here or anywhere else in Maine, have fallen through.
Still, some people believe the idea to turn wood products into fuel and other commercial substances will eventually become reality.
Scott Christiansen, ex-head of the Fractionation Development Center based in Rumford, resigned at the end of June. His assistant, Todd Polanowicz, resigned about the same time, heading for a job in the Boston area.The Red Shield plant is currently just a woodchip-burning power/steam operation. Any ethanol production is many years and many millions of DOE and private dollars away. Haven't heard yet if it's returned to burning demolition debris again.
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