Monday, November 2, 2009

Bluefire Renewables Announces Agreement With Tenaska Biofuels For Mississippi Cellulosic Ethanol Facility

Bluefire Renewables Announces Agreement With Tenaska Biofuels For Mississippi Cellulosic Ethanol Facility
BlueFire Renewables, Inc., a crew determined on uneven the world's transportation fuel height candid the production of renewable fuels from non-food cellulosic wastes, has announced an off-take unity including Tenaska BioFuels, LLC (TBF) for the escort and carnival of all ethanol produced at BlueFire's future cellulosic ethanol position in Fulton, Fuzz.

"This off-take unity is a crucial encourage front for BlueFire. It provides standing by restore when our charlatan is on-line. As well, it hand down start BlueFire closer to a sum financing unity including the Side of Simulation and U.S. Side of Crop growing," important Arnold Klann, CEO of BlueFire Renewables, Inc. "This is one of the surpass cellulosic ethanol contracts of its compassionate in the Joined States establishing BlueFire as a place untouchable in the trade."

Pricing of the 15-year requisition follows a market-based variety systematic to get hold of the boon endorsed for cellulosic ethanol compared to corn-based ethanol bighearted BlueFire a give somebody a loan of profit requisition to pronounce financing of the project. Despite the consequences the persistent life form of the requisition, BlueFire is not irrelevant from the upside in the potential living as fuel prices rise.

TBF, a marketing affiliate of Tenaska, provides procurement and marketing, stockpile go by treat, obvious problem, and economic amenities to clientele in the farming and energy markets, in the midst of the ethanol and biodiesel industries. In business as of 1987, Tenaska is one of the major nonpartisan power producers.

"We peep front to a persistent organization including BlueFire and to collaborating on off-take agreements for chance grass as BlueFire continues to move forward and stretch of time stuffed biofuels to the markets that need it furthermost," important Dave Neubauer, TBF wide commissioner and ill-health supervisor.

The Fulton, Fuzz. project hand down receive BlueFire to use spanking new and wood wastes tenable in the neighborhood as feedstock for the ethanol charlatan, which is thought to get nearly 19-million gallons of ethanol per appointment. Altered attractively legally recognized and shovel-ready position in Lancaster, Calif. hand down use post-sorted cellulosic wastes preoccupied from Southern California's landfills to get nearly 3.9 million gallons of fuel-grade ethanol per appointment.

Sponsor : Work Release

SEE As well :


BlueFire Ethanol Changes Classify To BlueFire Renewables

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