BlueFire Ethanol receives $3.8 million reimbursement from DOE
January 1, 1970
Posted November 5, 2009, at 10:30 a.m. CST
BlueFire Ethanol Fuels Inc., a company focused on changing the world's transportation fuel paradigm through the production of ethanol from nonfood cellulosic wastes, has received a $3.8 million reimbursement from the U.S. DOE to be used for pre-construction activities for its second planned biorefinery, which will be located in Fulton, Miss.
BlueFire is currently receiving funding under the $40 million DOE grant it was awarded in 2007 for the development of the Mississippi plant. The $3.8 million reimbursement was issued to cover costs spent on the basic engineering design that is directly correlated to the development of BlueFire's Fulton plant.
"This reimbursement provides additional cash flow for preconstruction activities including permitting and basic preliminary engineering for our Fulton, Mississippi plant," said Arnold Klann, CEO at BlueFire Ethanol. "The DOE's continued financial support coupled with the current administration's goal to rapidly deploy cellulosic biofuels projects allows BlueFire to bring to fruition its mission of providing nonfood-based biofuels to the densely populated locations in the greatest need of fuel."
BlueFire Ethanol's facilities will use its commercially ready, patented and proven Concentrated Acid Hydrolysis Technology Process for the profitable conversion of cellulosic waste into cellulosic ethanol. Derived from nonfoodstock urban, forestry and agricultural residues, this form of ethanol is a completely renewable and highly-economical alternative to gasoline and other types of ethanol.
The Fulton project, BlueFire's second planned commercial cellulosic ethanol plant, will allow BlueFire to utilize green and wood wastes available in the region as feedstock for the ethanol plant that will be designed to produce approximately 18 MMgy of ethanol.
BlueFire has also completed a 20-month licensing process and is currently awaiting the final financing needed to break ground on its shovel-ready, fully permitted ethanol biorefinery in Lancaster, Calif. The Lancaster facility will use post-sorted cellulosic wastes diverted from Southern California's landfills to produce approximately 3.9 million gallons of fuel-grade ethanol per year.
SOURCE: BLUEFIRE ETHANOL FUELS
BlueFire Ethanol Fuels Inc., a company focused on changing the world's transportation fuel paradigm through the production of ethanol from nonfood cellulosic wastes, has received a $3.8 million reimbursement from the U.S. DOE to be used for pre-construction activities for its second planned biorefinery, which will be located in Fulton, Miss.
BlueFire is currently receiving funding under the $40 million DOE grant it was awarded in 2007 for the development of the Mississippi plant. The $3.8 million reimbursement was issued to cover costs spent on the basic engineering design that is directly correlated to the development of BlueFire's Fulton plant.
"This reimbursement provides additional cash flow for preconstruction activities including permitting and basic preliminary engineering for our Fulton, Mississippi plant," said Arnold Klann, CEO at BlueFire Ethanol. "The DOE's continued financial support coupled with the current administration's goal to rapidly deploy cellulosic biofuels projects allows BlueFire to bring to fruition its mission of providing nonfood-based biofuels to the densely populated locations in the greatest need of fuel."
BlueFire Ethanol's facilities will use its commercially ready, patented and proven Concentrated Acid Hydrolysis Technology Process for the profitable conversion of cellulosic waste into cellulosic ethanol. Derived from nonfoodstock urban, forestry and agricultural residues, this form of ethanol is a completely renewable and highly-economical alternative to gasoline and other types of ethanol.
The Fulton project, BlueFire's second planned commercial cellulosic ethanol plant, will allow BlueFire to utilize green and wood wastes available in the region as feedstock for the ethanol plant that will be designed to produce approximately 18 MMgy of ethanol.
BlueFire has also completed a 20-month licensing process and is currently awaiting the final financing needed to break ground on its shovel-ready, fully permitted ethanol biorefinery in Lancaster, Calif. The Lancaster facility will use post-sorted cellulosic wastes diverted from Southern California's landfills to produce approximately 3.9 million gallons of fuel-grade ethanol per year.
SOURCE: BLUEFIRE ETHANOL FUELS
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