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0.00316418610101948 0.00316418610101948 0.00316418610101948 0.00316418610101948 -0.0257431930934803 -0.0257431930934803 -0.0257431930934803 -0.0257431930934803
Stock impact report

Blue Biofuels Engages Engineering Company GMP to Start Engineering & Design for Cellulosic Ethanol Production Facility

BLUE BIOFUELS INC (BIOF) 
Company Research Source: GlobeNewswire
PALM BEACH GARDENS, FL, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF). Blue Biofuels, a pioneer in the renewable energy sector, has officially contracted with the engineering firm, Global Management Partners (GMP), to produce Front-End Loading (FEL-2) level engineering plans for a production facility capable of producing three million gallons of biofuel per year from cellulosic biomass. These plans will outline the specifics of how the facility will be built and operated. This planning stage is crucial for ensuring that the production facility can be constructed efficiently and at scale. This milestone marks a major step in the company's efforts to commercialize its proprietary Cellulose-to-Sugar (CTS) process, an innovative technology that converts agricultural waste and other biomass into renewable biofuels. The development of the FEL-2 engineering plans will lay out the groundwork for constructing a state-of-the-art production facility, designed to showcas Show less Read more
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