Blue Biofuels Initiates Engineering and Design for Their CTS Commercial Plant Positioned to Produce Ethanol from Cellulosic Materials [Yahoo! Finance]
BLUE BIOFUELS INC (BIOF)
Company Research
Source: Yahoo! Finance
In a recent development, Blue Biofuels Inc. (“BIOF”) proudly announces the commencement of an FEL 1 & 2 engineering study for a 2.4-million-gallon cellulosic ethanol facility. This endeavor is grounded in the company's innovative Cellulose-to-Sugar (CTS) system, which has undergone and is undergoing continuous refinement and optimization for the efficient conversion of cellulosic biomass into ethanol. The engineering study meticulously outlines each process step, technical layout, and required equipment for the facility. Even at this initial volume, it demonstrates the viability of the CTS process in yielding positive margins for cellulosic ethanol production. Blue Biofuels is now poised to scale up its engineering design for larger facilities, leveraging the inherent advantages of scale to enhance profitability. Drawing on successes achieved in their pilot plant, Blue Biofuels remains committed to further enhancing their process, with a focus on catalyst recycling and lignin sep
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