Blue Biofuels Inc
OTCQB:BIOF

  • LAST PRICE
    0.1188
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    0.1057/ 50
  • Ask / Lots
    0.1188/ 50
  • Open / Previous Close
    --- / 0.1188
  • Day Range
    ---
  • 52 Week Range
    0.0435
    0.1480
  • Volume
    ---

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  • Nov 12, 2024

      Show headlines and story abstract

    • 6:00AM ET on Tuesday Nov 12, 2024 by Dow Jones
      Companies Mentioned: BIOF

      PALM BEACH GARDENS, FL, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF).

      Blue Biofuels, a pioneer in the renewable energy sector, has officially contracted with the engineering firm, Global Management Partners (GMP), to produce Front-End Loading (FEL-2) level engineering plans for a production facility capable of producing three million gallons of biofuel per year from cellulosic biomass. These plans will outline the specifics of how the facility will be built and operated. This planning stage is crucial for ensuring that the production facility can be constructed efficiently and at scale. This milestone marks a major step in the company's efforts to commercialize its proprietary Cellulose-to-Sugar (CTS) process, an innovative technology that converts agricultural waste and other biomass into renewable biofuels.

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