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This week on Under the Radar we look at the Biden administration’s Green Energy Mandate and who may benefit from the focus on alternative energy sources. With the Biden administration’s green energy mandate placing an emphasis on the phasing out of fossil fuels in favor of renewable energy sources including ethanol, biodiesel and sustainable aviation fuels there is one industry player positioned to benefit significantly from this focus. An undiscovered company, among wall street investors, Blue Biofuels, trading under the symbol BIOF, has a primary patent and multiple additional patents pending for a revolutionary new technology process that converts ordinary plant material such as grasses, yard waste and other plant based waste into sugars that can then be used to create ethanol and other biofuels. Most importantly BIOF expects to be able to do this at a much lower cost than companies that rely on corn to produce sugars for biofuels with their revolutionary CTS 2.0 process. This niche sector within the industry developing large scale cellulosic ethanol production using plant-based waste products to produce ethanol instead of the traditional corn based method reliant on commodity pricing and recent supply chain problems associated with the "food versus fuel" debate. BIOF has developed patented science that allows them to produce cellulosic ethanol from plant-based waste products, which are extremely abundant, without the use of the traditional expensive enzymes or harmful chemicals in the conversion process. This technological breakthrough could propel BIOF to the top of what is estimated to be a $248 Billion biofuel market segment by 2027. Utilizing a natural, inexpensive and very widely available catalyst BIOF’s proprietary methodology transforms readily available plant-based waste products into energy rich biofuels and lignin as a totally organically digestible by product that can further be processed into recyclable biodegradable bioplastic products such as utensils and drinking straws. The Blue Biofuel’s management team is led by a successful CEO with extensive entrepreneurial experience who has already taken three promising young companies with revolutionary technologies from initial concept through to a high multiplier sale to industry giants. Having recently restructured the company financially and having a sound balance sheet with little debt on the books, BIOF is well positioned to expand their science and generate revenues within the lucrative Biofuels sector.
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Blue Biofuels, Inc. announces that OTC Markets has approved the Company for listing on its OTCQB exchange as of May 13, 2022. Blue Biofuels Partners with Leading Machine Builder K.R. Komarek to Build Blue Biofuels’ CTS Machines accelerating and solidifying the scale-up and commercialization of Blue Biofuels’ patented Cellulose-to-Sugar (“CTS”) process for the production of cellulosic ethanol and sustainable aviation fuel. Two Form 4s were filed indicating that the CEO and CFO each invested into Blue Biofuels. Blue Biofuels, Inc. Completes $2.1 Million SEC Regulation D Securities Offering Blue Biofuels Achieves Over 99% Conversion of Cellulose Blue Biofuels, Inc. Expands Technology License Agreement with Vertimass Blue Biofuels Files Two New Patents on the Production of Lignin and Nanocellulose from its CTS Technology
Blue Biofuels Achieves Over 99% Conversion of Cellulose
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PALM BEACH GARDENS, FL; May 4, 2022 / Blue Biofuels, Inc. (PINK: BIOF). – Blue Biofuels, Inc. announces that its 5th generation of the Cellulose-to-Sugar (“CTS”) machine is on schedule and that testing and further engineering towards larger volumes have started. Additionally, Blue Biofuels has laid out the roadmap forward and contracted K.R. Komarek, Inc. to build the successors of the 5th generation CTS machine through to commercialization. “This partnership with Komarek enables us to accelerate our development towards commercialization. Komarek machines provide enhanced process control and capacity with proven robustness and durability. The first Komarek machine is scheduled to be delivered at the end of the first half of 2022”, said Ben Slager, CEO of Blue Biofuels. "Komarek was selected based on their consistent delivery of superior quality products. We are pleased to have them build the semi-commercial and commercial versions of the CTS machines going forward. We expect that the industry-leading expertise of Komarek will enable us to accelerate to a commercial-scale system in a little over 12 months. We are excited to work with them in a long and mutually successful relationship," continued Slager. In tandem with building the successor of the 5th generation CTS model, Blue Biofuels is completing the process optimization to enable the building of industrial-scale CTS systems. This includes the engineering and building of all auxiliary systems for larger-scale feedstock/catalyst preparation and the processing of sugars into cellulosic biofuels. “The CTS technology is the future of energy, being renewable, sustainable, and affordable. Blue Biofuels has created the ultimate solution for a circular economy, in sharp contrast to the take-make-waste model of the past. We are excited to collaborate with them and leverage our 100+ years of experience to bring this game-changing solution to market. We look forward to working with Blue Biofuels as they scale to meet the worldwide demand for biofuels,” said Jan Pflugfelder, CEO of Komarek.
Blue Biofuels Partners with Leading Machine Builder K.R. Komarek to Build Blue Biofuels’ CTS Machines accelerating and solidifying the scale-up and commercialization of Blue Biofuels’ patented Cellulose-to-Sugar (“CTS”) process for the production of cellulosic ethanol and sustainable aviation fuel.