Blue Biofuels Increases its Land Holdings to Grow Feedstock for Biofuels to 182 Acres

PALM BEACH GARDENS, FL, April 20, 2023 (GLOBE NEWSWIRE) — Blue Biofuels, Inc. (OTCQB:BIOF).

Blue Biofuels announces that it has leased an additional 167 acres of farmland in southwest Florida on which it intends to grow king grass for the production of bio-ethanol and sustainable aviation fuel through its patented Cellulose-to-Sugar (CTS) process. This acquisition brings the total amount of land up to 182 acres. This land increase is a necessary step to provide sufficient feedstock for the next step up in capacity after the recent success of the pilot line.

Read more at globenewswire.com

Related news for (BIOF)

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.