BlueFire Ethanol To Present At The Cellulosic Ethanol Summit
IRVINE, Calif.--(BUSINESS WIRE)--BlueFire Ethanol Fuels, Inc. (OTC BB:BFRE.OB), a company changing the world's transportation fuel paradigm through the production of ethanol from non-food cellulosic wastes, has been invited to present at the Cellulosic Ethanol Summit at the Westin Colonnade Hotel in Coral Gables, FL, November 17 – 19, 2008.
On November 18, at 2:00 p.m., BlueFire Ethanol Chairman and CEO Arnold Klann will participate in a Non-Enzymatic Biorefinery Developer Briefing in which a panel of developers will report on the current status of their development activities. Klann will share insight on the progress BlueFire Ethanol has made in addressing the key technical, organizational, and economic challenges facing the industry and how BlueFire is helping to meet the industry's needs. Additionally, BlueFire Ethanol Senior Vice President Necy Sumait will participate in a panel at 11:30 a.m. addressing Feedstock Supply Lines, in which panelists will provide an update on the progress in establishing reliable supply lines of dedicated fuel crops, crop residues, woody biomass and municipal and other waste streams.
Cellulosic Ethanol Summit has been hailed as the best cellulosic ethanol conference of its kind in the nation. The event includes an impressive roster of speakers who will address a variety of hot-topic issues including the impact of the biofuels debate on the industry, the burgeoning variety of feedstock supply lines, the growing interest from the financial sector in commercializing industry growth and a trio of reports from the frontline by leading developers from the biochemical, non-enzymatic and industrial biotech communities. Keynote speakers for the Summit include Jeremy L. Susac, the Executive Director of Governor Charlie Crist's specifically mandated energy office, the Florida Energy & Climate Commission; Charles H. Bronson, the esteemed Commissioner for the Florida Department of Agriculture and Consumer Services and the guiding force behind the highly acclaimed "Farm to Fuel" program; and Edward T. Schafer, the U.S. Secretary of Agriculture, who is tentatively scheduled to appear on the morning of November 19.
During their designated panels, Klann and Sumait will discuss how BlueFire Ethanol is deploying the world's first commercially ready, patented and proven Concentrated Acid Hydrolysis Technology Process for the profitable conversion of cellulosic waste materials to ethanol. Cellulosic ethanol, from widely available waste materials, will provide for ethanol's ability to significantly and sustainably become an important component of global energy supply. BlueFire will create geographic flexibility by locating its plants near or adjacent to available cellulosic feedstock. This will bring the benefits of ethanol to every state in America while helping to solve limited landfill space and creating regional economic development, and especially in the state of Florida, which is rapidly proving to be a pioneer in the quest for renewable energy.
BlueFire Ethanol is preparing to break ground on its first ethanol biorefinery in Lancaster, California. The Lancaster facility will use post-sorted cellulosic wastes diverted from landfills in Southern California to produce 3.1 million gallons of fuel-grade ethanol per year. The company was also awarded $40 million from the U.S. Department of Energy for construction of a second plant also in Southern California, and 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.
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.
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