Blue Biofuels, Inc. Price, Forecast, Insider, Ratings, Fundamentals & Signals

Palm beach gardens, fl, may 01, 2024 (globe newswire) -- blue biofuels, inc. (otcqb: biof). vertigas20, a renewable gasoline product, is now registered to be sold as 20% blends in conventional gasoline to help mitigate transportation carbon emissions.

Palm beach gardens, fl, march 26, 2024 (globe newswire) -- blue biofuels, inc. (otcqb: biof). blue biofuels inc. ("biof") continues to make 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.

Palm beach gardens, fl, jan. 23, 2024 (globe newswire) -- blue biofuels, inc. (otcqb: biof). blue biofuels inc. and vertimass, llc, have created a partnership to employ vertimass' proprietary consolidated alcohol deoxygenation and oligomerization (cado) technology to produce sustainable aviation fuel (saf) and renewable propane and butane (rlpg) as co-products from ethanol. this new company, vertiblue fuels llc, is equally owned by blue biofuels inc. and vertimass.

Palm beach gardens, fl, july 25, 2023 (globe newswire) -- blue biofuels, inc. (otcqb: biof). blue biofuels (the “company”) would like to update its shareholders on the recently passed inflation reduction act and its impact on the company. the company plans to sell cellulosic ethanol and cellulosic sustainable aviation fuel to the market. cellulosic biofuels already came with valuable credits from the energy policy act passed in 2005 that mandated renewable fuel blending into the fuel supply monitored by the epa. the inflation reduction act passed on august 16, 2022, and clarified this year by the biden administration, provides additional fuel credits.

Palm beach gardens, fl, july 11, 2023 (globe newswire) -- blue biofuels, inc. (otcqb: biof). blue biofuels (the “company”) announces today the receipt of a prestigious department of energy (doe) small business innovation research (sbir) phase 1 grant. the grant, valued at $206,500, will further propel blue biofuels' mission to revolutionize the biofuels sector and create sustainable transportation and aviation fuel.

The negative environmental impact of non-biodegradable plastic pollution continues, as the industry looks for alternatives that are environmentally friendly and do not rely on petroleum-based polymers. It is estimated that roughly 8.3 billion tons of plastic have been produced globally during the past 65 years. However, only 21% of this amount has been recycled or destroyed.

The inflationary forces that are currently at work in the U.S. economy will continue to cause much higher prices for many commodities, including corn. Corn is a primary feedstock for ethanol producers and as its price rises, so do the production costs for many ethanol plants located in the corn-belt region of the U.S.

We've always had a penchant for underdogs. There is something about witnessing an 80-1 shot winning the Kentucky Derby that reinforces our belief that anyone can succeed in life. This underdog mentality has shaped our investment philosophy, which focuses primarily on micro-cap companies that Wall Street has yet to discover.