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BIOF Blue Biofuels Inc.
Post-Mkt 03-23 13:00:38 EDT Delay
Blue Biofuels FY 2025 net loss widens to USD 2.87 million as grant income rises more than doubled to USD 865,000
Blue Biofuels, Inc., through its subsidiaries, focuses on technologies in the renewable energy, biofuels, and bioplastics technologies sectors. The company develops Cellulose-to-Sugar (CTS 2.0), a mechanical/chemical dry process for converting cellulose material into sugar and lignin for use in the biofuels industry. It also has license for Vertimass Process to convert ethanol into bio-jet fuel. The company was formerly known as Alliance Bioenergy Plus, Inc. and changed its name to Blue Biofuels, Inc. in August 2021. Blue Biofuels, Inc. was incorporated in 2012 and is based in Palm Beach Gardens, Florida.