BI

Blue Biofuels IncOOTC BIOF Stock Report

Last reporting period 30 Sep, 2023

Updated 14 Nov, 2024

Last price

Market cap $B

0.033

Micro

Exchange

OOTC - OTC

BIOF Stock Analysis

BI

Uncovered

Blue Biofuels Inc is uncovered by Eyestock quantitative analysis.

Market cap $B

0.033

Dividend yield

Shares outstanding

282.27 B

Blue Biofuels, Inc. is a technology company, which engages in the development and commercialization of technology solutions for renewable energy, biofuels, and bio plastics technology sectors. The company is headquartered in Palm Beach Gardens, Florida and currently employs 7 full-time employees. The company went IPO on 2013-05-07. The firm has developed technology system that converts virtually any plant material into grasses, wood, paper, farm waste, yard waste, forestry products, fruit casings, nut shells. The company also developed the cellulosic portion of municipal solid waste into sugars and subsequently into biofuels without the use of enzymes or liquid acids. Blue Biofuels Cellulose to sugar (CTS) 2.0 is a mechanical-chemical process that converts enzymes in the conversion of cellulose into its components of sugar and lignin. The sugar is further converted into bioethanol and other biofuels. The CTS process is used in plastics, lactic acids, pharmaceuticals, industrial solvents and agricultural products to carbon fiber nanotubes, adhesives, construction additives and cosmetics.

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