Blue Biofuels Acquires Land for Large-Scale Renewable Fuel Production in Florida
BLUE BIOFUELS INC (BIOF)
Company Research
Source: GlobeNewswire
35.5-acre site to support future expansion of up to 200 million gallons of annual biofuel production PALM BEACH GARDENS, FL, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF). Blue Biofuels is pleased to announce the signing of an agreement to acquire 35.5 acres of land in Frostproof, Florida, marking a significant milestone in the company’s commercialization efforts. The site will house a cutting-edge production facility designed to produce an initial 3 million gallons of biofuel annually. The infrastructure and available land can support future expansion to 100 million gallons per year of cellulosic ethanol and 100 million gallons per year of Sustainable Aviation Fuel (SAF). The property, located in Polk County, one of the fastest-growi
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