Blue Biofuels, Inc. Expands Technology License Agreement with Vertimass

Vertimass’ ethanol to renewable chemicals and jet fuel offers ethanol producers new product capabilities

PALM BEACH GARDENS, FL, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (PINK: BIOF). – Vertimass and Blue biofuels have expanded on their previous license agreement to allow Blue Biofuels to convert additional volumes of ethanol into renewable jet fuel and other bio-hydrocarbons using Vertimass technology. Blue Biofuels believes this expanded license agreement has the potential to assist the company in supplying the world with more renewable fuels and chemicals and thereby combat climate change.

“Many countries are beginning to mandate that a percentage of jet fuel used by commercial airlines comes from renewable sources. The Vertimass technology will enable Blue Biofuels to produce sustainable aviation fuel to help achieve that mandate. We aim to expand further into the supply chain with complementary technologies and become a total supplier of bio-fuels, bioplastics and bio-chemicals,” observed Ben Slager, CEO of Blue Biofuels.

“We look forward to partnering with Blue Biofuels to convert their ethanol into these much-needed sustainable aviation fuels and renewable chemicals,” said John Hannon, Vertimass COO.

ABOUT VERTIMASS’ TECHNOLOGY

Vertimass’ technology allows sustainable production of these vital fuels derived from ethanol with high yields that can dramatically reduce greenhouse gas emissions compared to sourcing these products from petroleum. Vertimass technology can also produce chemicals that are widely used building blocks from which hundreds of consumer products ranging from pharmaceuticals to paints and plastics are made.

Vertimass technology for producing jet fuel and chemicals from cellulosic ethanol offers producers, such as Blue Biofuels, the flexibility to diversify their product slate and market renewable fuels and chemicals that have low carbon footprints. In addition to improving competitiveness, jet fuel and chemicals derived from ethanol can accelerate the transition to renewable fuels and chemicals and improve rural economies.

About Vertimass LLC        

Vertimass LCC is based in Irvine, California with the mission to develop and widely license breakthrough technologies that substantially expand production of sustainable transportation fuels and chemicals that reduce greenhouse gas emissions and improve energy security and domestic economies. Commercialization of proprietary Vertimass technology can overcome the blend wall that currently impedes expansion of ethanol production from multiple sources of biomass and open up large new markets for aircraft and heavy-duty vehicle fuels and for chemicals not currently amenable to ethanol. For more information, visit http://www.vertimass.com/