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Wednesday, May 01, 2024 1:39:02 PM
GLOBENEWSWIRE
9:55 AM ET 05/01/2024
PALM BEACH GARDENS, FL, May 01, 2024 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (BIOF) .
VertiGas20, a renewable gasoline product, is now registered to be sold as 20% blends in conventional gasoline to help mitigate transportation carbon emissions.
VertiBlue Fuels, LLC, a 50/50 JV between Blue Biofuels (BIOF) 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. (BIOF), is pleased to announce that the United States Environmental Protection Agency (EPA) has approved registration for blending up to 20% of green gasoline with conventional gasoline. This new renewable gasoline product, VertiGas20, is made from renewable ethanol by the joint venture’s licensed technology from Vertimass, its Consolidated Alcohol Deoxygenation and Oligomerization (CADO) technology.
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 (BIOF) 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 (BIOF) 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.”
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