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"It is an honor to have been recognized for innovation and achievement in bioenergy by a highly-respected industry authority," said Arnold R. Klann, President and CEO of BlueFire Ethanol. "This award reinforces the credibility of our cellulosic conversion process as a commercially-viable method of generating biofuels from a variety of non-food source feedstocks."
Winners of Biofuels Digest's "50 Hottest Companies in Bioenergy" award will be honored at a presentation in Washington DC on April 20, 2009, in conjunction with the Advanced Biofuels Development Summit. Rankings were based on the votes of the Biofuels Digest award panel and reflected the importance of news announcements made in 2008. Votes were weighted by industry and region to ensure a fair and broad representation of companies and technologies.
Jim Lane, Editor of Biofuels Digest, stated, "BlueFire Ethanol checked off strongly on intellectual property, cohesive management team, a growing reputation and a waste-to-energy path that is entirely in sync with the twin goals of energy independence and sustainability. The acid hydrolysis approach is looking more and more compelling to the bioenergy industry every day."
"In addition to our domestic plans, BlueFire Ethanol is making key advances to provide full-scale commercial production of cellulosic ethanol in the global markets that have the greatest need for alternative fuel sources," added Klann. "Our technology not only enables BlueFire to produce cellulosic ethanol at the lowest cost of any producer, but it also negates transportation issues that plague traditional corn-based production. And, while cellulosic ethanol is poised to play a greater role in the domestic economy, our feedstock-gathering approach allows us to set a global standard with a manufactured product suitable for export to other countries."
BlueFire Ethanol's technology has previously been recognized and validated by the California Energy Commission and the United States Department of Energy. In fact, BlueFire Ethanol was awarded $40 million from the Department of Energy for the construction of a planned plant in Southern California. The company has received the first installment of funding from the DOE for the development of the BlueFire Mecca, LLC plant in Southern California.
About BlueFire Ethanol Fuels
BlueFire Ethanol Fuels, Inc. was established to deploy a commercially ready, patented, and proven Concentrated Acid Hydrolysis Technology Process for the profitable conversion of cellulosic ("Green Waste") waste materials to ethanol, a viable alternative to gasoline. BlueFire is the only cellulose-to-ethanol company worldwide with demonstrated production of ethanol from urban trash (post-sorted MSW), rice and wheat straws, wood waste and other agricultural residues.
BlueFire is one of four ethanol companies awarded funding from the U.S. Department of Energy to construct ethanol production facilities. Unlike remote corn ethanol production plants, BlueFire's biorefineries will be located in markets with the highest demand for ethanol. This dramatically reduces delivery costs and increases biofuels supply, while providing a unique waste processing technology that helps cities better manage the problem of overflowing landfills. For more information, go to www.BlueFireEthanol.com.
If you would like to receive regular updates on BlueFire Ethanol, please select this following link: http://www.b2i.us/irpass.asp?BzID=1437&to=ea&s=0.
About Biofuels Digest
Biofuels Digest is the world's most widely-read biofuels daily, reaching 15,000 industry leaders, policymakers, journalists, producers and suppliers in 195 countries. Available via free daily email newsletter or at BiofuelsDigest.com, the Digest produces the "50 Hottest Companies in Bioenergy" rankings and the Biofuels Digest Index(TM), a biofuels equities benchmark.
Forward-Looking Statements
Statements about BlueFire Ethanol, Inc.'s expectations, including future revenues and earnings, and all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as the term is defined in the Private Litigation Reform Act of 1995. BlueFire's actual results could differ materially from expected results. BlueFire undertakes no obligation to update forward-looking statements to reflect subsequently occurring events or circumstances. Should events occur which materially affect any comments made within this press release; BlueFire will appropriately inform the public.
SOURCE: BlueFire Ethanol Fuels, Inc.
BlueFire Ethanol Fuels, Inc. Rigel Stone, 949-588-3767, ext. 404 rstone@bluefireethanol.com or Investors: Liolios Group, Inc. Scott Kitcher or Ron Both 949-574-3860 info@liolios.com or Media: Avalanche Strategic Communications Laura Finlayson, 201-488-0049 laura@avalanchepr.com
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