Blue Biofuels, Inc., (PINK:BIOF) has the mission to produce renewable fuels from plant-based cellulosic material in a CO2 neutral and environmentally friendly manner. Management expects to be able to produce fuels at a lower cost than from corn or the average of fossil fuels due to lower cost feedstock, an uncomplicated process, and expected highly valued co-products. We have the opportunity to create a biofuels revolution. By fulfilling this mission, the Company has the potential of having a multi-billion dollar market cap. Our current market cap is only around $45 million. Blue Biofuels has developed and patented a proprietary technology system that converts virtually any plant material – grasses, wood, paper, farm waste, yard waste, forestry products, energy crops like hemp or king grass, and the cellulosic portion of municipal solid waste – into sugar and lignin. The sugars can be further processed into cellulosic ethanol and other biofuels like sustainable aviation fuel and potentially into biochemicals; the lignin can potentially be used in ion exchange resins, specialty chemicals or to create biodegradable bioplastics. We call the technology the CTS 2.0 process, where CTS stands for “Cellulose-to-Sugar”. The Company recently completed testing and optimizing its 4th generation CTS 2.0 prototype and related chemistry, and was able to convert all the cellulosic material into soluble sugars. The Company is now scaling to a 5th generation semi-commercial size system, and volume testing is expected to begin in the summer of 2022. Testing of an industrial-scale modular system is expected in 2023, with revenue and operations expected to begin in early 2024.
3710 Buckeye Street
Palm Beach Gardens, Florida 33410
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