EPA Registers Vertigas20 -- Green Gasoline to be Produced by VertiBlue Fuels
Blue Biofuels, Inc. (BIOF) announced that VertiGas20, a renewable gasoline product, is now approved by the EPA to be sold as 20% blends in conventional gasoline, reducing transportation carbon emissions. The product is produced by VertiBlue Fuels, a joint venture between Blue Biofuels and Vertimass, utilizing Vertimass' licensed technology. This innovative fuel, made from renewable ethanol, can be used in current gasoline vehicles without engine modifications, offering a green alternative to traditional gasoline. The approval marks a significant step towards producing more renewable fuels to combat climate change, providing consumers with eco-friendly transportation choices. Blue Biofuels plans to further reduce greenhouse gas emissions by producing cellulosic biofuels, enhancing the environmental impact of VertiGas20.
VertiGas20 approved by EPA to reduce transportation carbon emissions.
Renewable fuel can be used in current gasoline vehicles without modifications.
Joint venture between Blue Biofuels and Vertimass utilizing innovative technology.
VertiGas20 production contributes to combating climate change.
Cellulosic biofuels production planned to further reduce greenhouse gas emissions.
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PALM BEACH GARDENS, FL, May 01, 2024 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF).
VertiGas20, a renewable gasoline product, is now registered to be sold as
VertiBlue Fuels, LLC, a 50/50 JV between Blue Biofuels and Vertimass, will start producing this renewable gasoline as one of the first products coming from the production capacity that VertiBlue Fuels will realize.
Blue Biofuels, Inc., is pleased to announce that the United States Environmental Protection Agency (EPA) has approved registration for blending up to
VertiGas20 is a new generation of fuel which can be used in current gasoline vehicles (approximately 340 million in the U.S. alone) without any engine modifications. This will help reduce greenhouse gas emissions from existing cars and other gasoline powered engines.
Blue Biofuels is planning to produce cellulosic biofuels which will further reduce the greenhouse gas emissions either when the cellulosic ethanol is used as direct blend in fuel or if it is converted into gasoline or SAF for use in transportation.
"VertiGas20 represents a significant step toward producing more renewable fuels, compatible with the existing infrastructure, which will help mitigate climate change," explained Vertimass Chief Operating Officer Dr. John Hannon.
Blue Biofuels CEO and Chairman, Ben Slager notes: “An interesting factor is that this enables gasoline vehicles to become more green without replacing them with electric vehicles, thereby offering more choices for the green consumer. Moreover, when Blue Biofuels’ produces cellulosic ethanol with its Cellulose-to-Sugar technology, this will add significant further CO2 reduction to the VertiGas20 fuel by providing cellulosic ethanol, with a higher carbon reduction rating, as feedstock to the VertiGas20 production. This will be a winning combination for the environment and for the Company.”
About Blue Biofuels, Inc.
Blue Biofuels is based in Florida and has the goal to produce biofuels through its patented Cellulose-to-Sugar (CTS) technology and its licensed Vertimass technology. CTS is a sustainable, and renewable green energy system with the potential to achieve a near-zero carbon footprint. The CTS process can convert virtually any plant material – grasses, forestry products, and agricultural waste such as sugarcane bagasse and wheat straw -- into sugars and lignin. Sugars are subsequently processed into biofuels, such as ethanol and sustainable aviation fuel, and lignin may be further processed into a variety of products. The CTS process is a patented and proprietary technology wholly owned by Blue Biofuels.
About Vertimass LLC
Vertimass LLC is based in Irvine, California with the mission to develop and widely license breakthrough technologies that substantially expand production of sustainable transportation fuels and chemicals that reduce greenhouse gas emissions and improve energy security and domestic economies. Commercialization of proprietary Vertimass technology can overcome the blend wall that currently impedes expansion of ethanol production from multiple sources of biomass and open up large new markets for aircraft and heavy-duty vehicle fuels and for chemicals not currently amenable to ethanol or other alcohols. For more information, visit http://www.vertimass.com/.
This information is neither an offer to sell nor a solicitation of an offer to buy any security by any person in any jurisdiction. Offers and sales shall be made only to persons who qualify as accredited investors under applicable U.S. federal law and only pursuant to a confidential offering memorandum (the “Memorandum”) and subscription documents setting forth definitive terms of each investment opportunity. An investment in a limited partnership involves a high degree of risk and is speculative as described in detail the Memorandum for each investment opportunity, including the possible loss of your investment, and is illiquid with an uncertain liquidity date. Past performance is not indicative of future results. Securities offered through Shopoff Securities, Inc., member FINRA / SIPC.
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 Company’s actual results, performance, or achievements or industry results to differ materially 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”, “would”, “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 included in this press release are made only as of the date of this release. 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 projected results or events will be achieved.
Contact:
Ben Slager, CEO and Chairman
Ben@Bluebiofuels.com
Anthony Santelli, CFO
Anthony@Bluebiofuels.com
SOURCE: Blue Biofuels, Inc. www.Bluebiofuels.com
