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Blue Biofuels Acquires Land for Large-Scale Renewable Fuel Production in Florida

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Blue Biofuels (OTCQB: BIOF) has signed an agreement to acquire a 35.5-acre site in Frostproof, Florida, for a new biofuel production facility. The initial facility will produce 3 million gallons of biofuel annually, with infrastructure supporting future expansion to 200 million gallons per year (100M gallons of cellulosic ethanol and 100M gallons of Sustainable Aviation Fuel).

Located in Polk County's agricultural region, the site offers access to biomass feedstock and proximity to The Port of Tampa for efficient logistics. The company is collaborating with Global Management Partners for facility design and engineering. The project will create approximately 150 construction jobs plus permanent positions once operational.

The surrounding orange groves present an opportunity for King Grass cultivation, a key energy crop for Blue Biofuels. Construction is expected to begin in 2025, with the initial facility capable of converting 3 million gallons of ethanol to SAF annually.

Blue Biofuels (OTCQB: BIOF) ha firmato un accordo per acquisire un sito di 35,5 acri a Frostproof, Florida, per una nuova struttura di produzione di biofuel. La struttura iniziale produrrà 3 milioni di galloni di biofuel all'anno, con infrastrutture che sosterranno una futura espansione fino a 200 milioni di galloni all'anno (100M galloni di etanolo cellulosico e 100M galloni di Sustainable Aviation Fuel).

Situato nella regione agricola della Contea di Polk, il sito offre accesso a materia prima di biomassa e vicinanza al Porto di Tampa per una logistica efficiente. L'azienda sta collaborando con Global Management Partners per la progettazione e ingegneria della struttura. Il progetto genererà circa 150 posti di lavoro nella costruzione più posizioni permanenti una volta operativo.

Le aranceti circostanti presentano un'opportunità per la coltivazione del King Grass, una coltura energetica chiave per Blue Biofuels. La costruzione è prevista per iniziare nel 2025, con la struttura iniziale in grado di convertire 3 milioni di galloni di etanolo in SAF all'anno.

Blue Biofuels (OTCQB: BIOF) ha firmado un acuerdo para adquirir un terreno de 35.5 acres en Frostproof, Florida, para una nueva instalación de producción de biocombustibles. La instalación inicial producirá 3 millones de galones de biocombustible anualmente, con infraestructura que apoyará una futura expansión a 200 millones de galones por año (100M galones de etanol celulósico y 100M galones de Sustainable Aviation Fuel).

Ubicado en la región agrícola del Condado de Polk, el sitio ofrece acceso a materia prima de biomasa y proximidad al Puerto de Tampa para una logística eficiente. La compañía está colaborando con Global Management Partners para el diseño e ingeniería de la instalación. El proyecto generará aproximadamente 150 empleos en construcción más puestos permanentes una vez que esté operativo.

Los huertos de naranjas circundantes presentan una oportunidad para el cultivo de King Grass, un cultivo energético clave para Blue Biofuels. Se espera que la construcción comience en 2025, con la instalación inicial capaz de convertir 3 millones de galones de etanol en SAF anualmente.

Blue Biofuels (OTCQB: BIOF)는 플로리다주 프로스트푸르프에 있는 35.5에이커 규모의 부지를 인수하기 위한 계약을 체결했습니다. 초기 시설은 연간 300만 갤런의 바이오 연료를 생산하며, 미래 확장을 지원하는 인프라가 구축되어 2억 갤런으로 확대될 예정입니다 (100M 갤런의 셀룰로오스 에탄올 및 100M 갤런의 지속가능한 항공 연료).

폴크 카운티의 농업 지역에 위치한 이 사이트는 바이오매스 원료에 대한 접근성과 효율적인 물류를 위한 탐파 항구와의 근접성을 제공합니다. 이 회사는 시설 설계 및 엔지니어링을 위해 Global Management Partners와 협력하고 있습니다. 이 프로젝트는 약 150개의 건설 일자리와 운영이 시작되면 영구적인 일자리를 창출할 것입니다.

주변의 오렌지 과수원은 Blue Biofuels에 중요한 에너지 작물인 King Grass 재배의 기회를 제공합니다. 건설은 2025년에 시작될 것으로 예상되며, 초기 시설은 연간 300만 갤런의 에탄올을 SAF로 전환할 수 있습니다.

Blue Biofuels (OTCQB: BIOF) a signé un accord pour acquérir un site de 35,5 acres à Frostproof, en Floride, pour une nouvelle installation de production de biocarburants. L'installation initiale produira 3 millions de gallons de biocarburant par an, avec des infrastructures soutenant une future expansion à 200 millions de gallons par an (100M gallons d'éthanol cellulosique et 100M gallons de carburant d'aviation durable).

Situé dans la région agricole du comté de Polk, le site offre un accès à des matières premières de biomasse et se trouve à proximité du port de Tampa pour une logistique efficace. L'entreprise collabore avec Global Management Partners pour la conception et l'ingénierie de l'installation. Le projet créera environ 150 emplois dans la construction ainsi que des postes permanents une fois opérationnel.

Les vergers environnants présentent une opportunité pour la culture du King Grass, une culture énergétique clé pour Blue Biofuels. La construction devrait commencer en 2025, l'installation initiale étant capable de convertir 3 millions de gallons d'éthanol en SAF par an.

Blue Biofuels (OTCQB: BIOF) hat einen Vertrag zur Übernahme eines 35,5 Acres großen Grundstücks in Frostproof, Florida, für eine neue Biokraftstoffproduktionsanlage unterzeichnet. Die anfängliche Anlage wird jährlich 3 Millionen Gallonen Biokraftstoff produzieren, mit einer Infrastruktur, die eine zukünftige Expansion auf 200 Millionen Gallonen pro Jahr (100M Gallonen Zellulose-Ethanol und 100M Gallonen nachhaltiger Flugkraftstoff) unterstützen kann.

Das Grundstück liegt in der landwirtschaftlichen Region des Polk County und bietet Zugang zu Biomasse-Rohstoffen sowie die Nähe zum Hafen von Tampa für eine effiziente Logistik. Das Unternehmen arbeitet mit Global Management Partners an der Planung und dem Engineering der Anlage zusammen. Das Projekt wird etwa 150 Arbeitsplätze im Bauwesen sowie dauerhafte Stellen nach Inbetriebnahme schaffen.

Die umliegenden Orangenhaine bieten die Möglichkeit zum Anbau von King Grass, einer wichtigen Energiepflanze für Blue Biofuels. Der Bau wird voraussichtlich 2025 beginnen, wobei die anfängliche Anlage in der Lage sein wird, jährlich 3 Millionen Gallonen Ethanol in SAF umzuwandeln.

Positive
  • Strategic location near Port of Tampa with efficient logistics access
  • Scalable infrastructure supporting expansion to 200M gallons annual production
  • Job creation: 150 construction jobs plus permanent positions
  • Access to abundant biomass feedstock in agricultural region
  • Potential for converting unused orange groves to King Grass cultivation
Negative
  • Initial production capacity to 3M gallons annually
  • Significant capital investment required for facility construction
  • Extended timeline before reaching full production capacity

35.5-acre site to support future expansion of up to 200 million gallons of annual biofuel production

PALM BEACH GARDENS, FL, Feb. 04, 2025 (GLOBE NEWSWIRE) -- Blue Biofuels, Inc. (OTCQB: BIOF).

Blue Biofuels is pleased to announce the signing of an agreement to acquire 35.5 acres of land in Frostproof, Florida, marking a significant milestone in the company’s commercialization efforts. The site will house a cutting-edge production facility designed to produce an initial 3 million gallons of biofuel annually. The infrastructure and available land can support future expansion to 100 million gallons per year of cellulosic ethanol and 100 million gallons per year of Sustainable Aviation Fuel (SAF).

The property, located in Polk County, one of the fastest-growing counties in Florida, is in the heart of Central Florida’s agricultural region, offering access to an abundant supply of biomass feedstock. It is also strategically located in the proximity of The Port of Tampa, which will facilitate efficient logistics by rail and road for biofuel transportation.

Blue Biofuels is working closely with Global Management Partners (GMP) to develop the design and engineering plans for the first phase of the facility. This collaboration ensures a strong foundation for the company’s state-of-the-art biofuel production plant.

Beyond advancing clean energy innovation, this project is expected to bring substantial economic benefits to the Frostproof community. The construction phase will generate approximately 150 jobs with additional permanent high-skilled roles once the facility becomes operational.

The location’s surrounding orange groves, many of which are no longer in full production, present an opportunity to be converted into King Grass cultivation—one of Blue Biofuels’ key energy crops. King Grass serves as a sustainable biomass source that supports renewable energy initiatives while contributing to reducing greenhouse gas.

Construction of the facility, capable of converting 3 million gallons of ethanol to SAF annually is expected to begin in 2025. Subsequent expansions will enable Blue Biofuels to meet the growing demand for renewable fuels on a larger scale.

“This land acquisition is a big step forward in our journey towards commercialization,” said Ben Slager, CEO of Blue Biofuels. “We are very excited to start this project and develop our production facility leveraging our innovative technology. With the potential to scale production to 200 million gallons of renewable fuel annually, this facility will demonstrate the viability of our technology and reinforce our commitment to driving sustainable energy solutions. We also look forward to working with local farmers and suppliers to support regional economic development and growth while advancing the transition to a cleaner energy future.

About Blue Biofuels, Inc.

Blue Biofuels is based in Florida and has the goal to produce biofuels through its patented Cellulose-to-Sugar (CTS) technology and its licensed Vertimass technology as well as in VertiBlue Fuels, LLC, its 50:50 joint venture with Vertimass. CTS is a sustainable, and renewable green energy system with the potential to achieve a near-zero carbon footprint. The CTS process can convert cellulose from virtually any plant material – grasses, forestry products, and agricultural waste such as sugarcane bagasse and wheat straw — into sugars that are subsequently processed into biofuels, such as ethanol and, through the Vertimass Process, into sustainable aviation fuel.

The CTS process is a patented and proprietary technology wholly owned by Blue Biofuels. Blue Biofuels’ CTS technology represents significant progress in renewable energy, offering a sustainable solution that reduces reliance on food crops for ethanol production. By utilizing abundant and renewable biomass sources such as king grass, sugar cane bagasse, and corn stover, the company is positioned to contribute meaningfully to the global transition toward cleaner energy. This versatility allows the company to take advantage of feedstock variability in different locations around the US and the world.

Special Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company’s actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s control. The words “believes”, “may”, “will”, “should”, “would”, “could”, “continue”, “seeks”, “anticipates”, “plans”, “expects”, “intends”, “estimates”, or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.

Contact:
Ben Slager, CEO and Chairman
Ben@Bluebiofuels.com
Anthony Santelli, CFO
Anthony@Bluebiofuels.com


FAQ

What is the initial production capacity of Blue Biofuels' new Florida facility?

The initial production capacity will be 3 million gallons of biofuel annually.

Where is BIOF's new production facility located?

The facility will be located on a 35.5-acre site in Frostproof, Polk County, Florida.

What is the maximum production capacity planned for BIOF's Florida facility?

The facility can be expanded to produce up to 200 million gallons annually, split between 100M gallons of cellulosic ethanol and 100M gallons of Sustainable Aviation Fuel.

When will construction begin on BIOF's Florida production facility?

Construction is expected to begin in 2025.

How many jobs will BIOF's new Florida facility create?

The project will create approximately 150 construction jobs, plus additional permanent high-skilled positions once operational.

What feedstock will BIOF use for biofuel production in Florida?

The facility will use King Grass as a key energy crop, with plans to convert unused orange groves for cultivation.

BLUE BIOFUELS INC

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