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Stock impact report

Blue Biofuels Makes First Cellulosic Ethanol [Yahoo! Finance]

BLUE BIOFUELS INC (BIOF) 
Company Research Source: Yahoo! Finance
substantial strides in advancing its Cellulose-to-Sugar (CTS) technology towards commercial scale. The company has achieved a significant milestone by successfully producing its first batch of cellulosic ethanol, utilizing the cellulosic sugars created from biomass on its CTS pilot line. Bolstering its technological leadership, BIOF has been granted two US Patents, with an additional six patents currently pending. These patents underscore BIOF's commitment to proprietary advancements, strongly positioning the company in the biofuels landscape. BIOF remains dedicated to expanding its patent portfolio as it continues to upscale and commercialize its process. Entering into the next phase, BIOF has embarked on the funding process to establish production capacity for Sustainable Aviation Fuel (SAF) in collaboration with Vertimass. BIOF is evaluating prospective locations in Florida capable of accommodating both SAF and cellulosic ethanol production facilities. Building upon existing Show less Read more
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