Blue Biofuels produces high-yield ethanol from multiple feedstocks with its advanced CTS process

Blue Biofuels Inc. Achieves Major Milestone in Commercialization of Cellulose-to-Sugar (CTS) Technology with Cellulose Ethanol from Multiple Feedstocks

Palm Beach Gardens, FL, September 3, 2024 (GLOBE NEWSWIRE) — Blue Biofuels Inc. (OTC: BIOF) is pleased to announce another significant advancement in its proprietary Cellulose-to-Sugar (CTS) technology. The Company has successfully produced cellulosic ethanol at high yields from multiple biomass feedstocks, demonstrating 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 improved CTS pilot line. Sugars produced by our CTS process were successfully fermented to ethanol with high yields. This is strong confirmation that the CTS process produces fermentable sugars without harmful byproducts that could inhibit the fermentation of CTS sugars to ethanol.

“We are very excited to have reached this important milestone,” said Ben Slager, CEO of Blue Biofuels Inc. “Our successful production of cellulosic ethanol from multiple feedstocks not only validates our technology, but also underscores its potential to significantly enhance the biofuels industry. This is a key step toward our goal of commercial-scale production where we can provide a sustainable and economically viable alternative to traditional fossil fuels.”

As Blue Biofuels finalizes the scale-up of its CTS technology to production, the company continues to focus on optimizing its manufacturing processes and preparing for commercial implementation. This milestone sets the stage for continued development and partnerships to bring this breakthrough technology to market.

About Blue Biofuels, Inc.

Blue Biofuels is based in Florida and aims to produce biofuels using its patented Cellulose-to-Sugar (CTS) technology and licensed Vertimass technology. CTS is a sustainable and renewable green energy system that has the potential to achieve a near-zero carbon footprint. The CTS process can convert virtually any plant material—grasses, forest products, and agricultural waste such as bagasse and wheat straw—into sugars and lignin. The sugars are then processed into biofuels such as ethanol and sustainable jet fuel, and the lignin can be further processed into a variety of products. The CTS process is a patented and proprietary technology owned entirely by Blue Biofuels.

Blue Biofuels’ CTS technology represents a significant advancement in renewable energy, offering a sustainable solution that reduces reliance on food crops for ethanol production. By leveraging abundant and renewable biomass sources such as king grass, sugarcane bagasse, and corn stover, the company is positioned to make a significant contribution to the global transition to cleaner energy. This versatility allows the company to leverage the variability of feedstocks across U.S. and global locations.

Special Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of the Company or industry results to be materially different from any future results, performance or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s control. The words “believes,” “may,” “will,” “should,” “could,” “continue,” “seeks,” “anticipates,” “plans,” “expects,” “intends,” “estimates” or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements contained in this press release are made only as of the date hereof. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the forecasted results or events will be achieved.

Contact:

Ben Slager, CEO and President
[email protected]

Anthony Santelli, Chief Financial Officer
[email protected]

SOURCE: Blue Biofuels, Inc. www.Bluebiofuels.com