Blue Biofuels Produces Ethanol in High Yield from Multiple Feedstocks in its Upscaled CTS Process
BLUE BIOFUELS INC (BIOF)
Company Research
Source: GlobeNewswire
Blue Biofuels Inc. Achieves Major Milestone in Commercializing Cellulose-to-Sugar (CTS) Technology with Cellulosic Ethanol from Multiple Feedstocks Palm Beach Gardens, FL, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Blue Biofuels Inc. (OTC: BIOF) is pleased to announce another significant advancement of its proprietary Cellulose-to-Sugar (CTS) technology. The company has successfully produced cellulosic ethanol in high yields from multiple biomass feedstocks, showing the flexibility of its patented process. This achievement is the result of processing biomass from King Grass, Sugar Cane Bagasse, and Corn Stover on the company's upscaled CTS pilot line. The sugars produced from our CTS process were successfully fermented into ethanol in high yield. This is a strong confirmation that the CTS process produces fermentable sugars with no harmful byproducts which could have inhibited the fermentation of CTS sugars to ethanol. “We are very excited to have reached this important milestone,
Show less
Read more
Impact Snapshot
Event Time:
BIOF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BIOF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BIOF alerts
High impacting BLUE BIOFUELS INC news events
Weekly update
A roundup of the hottest topics
BIOF
News
- Blue Biofuels Engages Engineering Company GMP to Start Engineering & Design for Cellulosic Ethanol Production FacilityGlobeNewswire
- Blue Biofuels Receives $1.15 Million Department of Energy Phase 2 GrantGlobeNewswire
- Blue Biofuels Produces Ethanol in High Yield from Multiple Feedstocks in its Upscaled CTS Process [Yahoo! Finance]Yahoo! Finance