CleanTech Biofuels, Inc. Achieves Operational Milestone
28 April 2009 - 2:07PM
Business Wire
CleanTech Biofuels, Inc. (Other OTC: CLTH), an
early stage provider of cellulosic biomass derived from municipal
solid waste for energy production, has successfully demonstrated
operational capability of its technology that processes municipal
solid waste into clean, homogeneous biomass for energy production.
The vessel processed a total of approximately 10 tons of garbage
obtained from the City of Chicago.
The biomass is being tested as a feedstock in energy conversion
technologies that are ready for commercialization. Having recently
acquired the patent for its underlying technology and settled its
litigation with BioProducts International, CleanTech is now able to
use its biomass for a wide array of energy production rather than
being limited to cellulosic ethanol production. CleanTech is
exploring multiple commercial options for the use of its
biomass.
�The successful operation of this vessel is the first step in
constructing a commercial plant using clean biomass derived from
garbage as a feedstock for energy production,� said Edward
Hennessey, CEO of CleanTech Biofuels. �In reaching this milestone,
we have proven the viability of our patented technology to clean
and separate municipal solid waste into its component parts and can
move forward with our plans for commercialization.�
Hennessey continued, �With increasing political support for
sustainable renewable energy, worldwide focus on carbon reduction
and decreasing land availability, our biomass recovery process
offers a compelling solution. Biomass we recover from municipal
waste has a superior emissions profile to many other sources of
fuel including coal and wood waste, can reduce landfill disposal by
80-90%, is technology agnostic for use of feedstock and produces
renewable biomass for energy production using the existing
infrastructure for collecting and disposing of garbage. In a market
where energy demand continues to grow and the costs of handling
waste continue to increase, we are well positioned to take another
step towards our goal of bringing our technology to municipalities,
solid waste haulers, and operators of landfills and materials
recovery facilities.�
About CleanTech
Biofuels
CleanTech Biofuels, Inc. is an early stage commercial company
with technology that the Company believes is capable of converting
municipal solid waste into energy products. By using the existing
infrastructure for municipal solid waste collection and disposal to
collect biomass at low or possibly negative feedstock cost, the
company expects to achieve profitability quickly relative to other
alternative energy producers who must develop their infrastructure
to collect and transport more expensive feedstocks such as sugar
cane, corn, switchgrass, wood waste, corn stover, or other products
before their technologies are able to be commercialized.
Safe Harbor
This release may contain forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995.
The risks and uncertainties that may affect the operations,
performance development, and results of the Company's business
include but are not limited to fluctuations in financial results,
availability and customer acceptance of our products and services,
the impact of competitive products, services and pricing, general
market trends and conditions, and other risks detailed in the
Company's SEC reports.
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