CleanTech Biofuels Completes Acquisition and Moves to Develop Commercial Site

Oct 14, 2008 - BiobasedNews.com ST. LOUIS, Oct 13, 2008 /PRNewswire-FirstCall via COMTEX/ -- CleanTech Biofuels, Inc. announces that it has closed the merger of Biomass North America Licensing, Inc. into its wholly-owned subsidiary. CleanTech plans to move quickly to implement its newly acquired technology at a commercial waste transfer station in Chicago, Illinois to produce cellulosic biomass from municipal solid waste. In cooperation with the owner of the site, the permitting and approval process for construction of the plant is underway. The cellulosic biomass to be produced at the facility can be used for a variety of purposes, including solid fuel for the production of electricity in existing coal-fired power plants. CleanTech has been approached by several utilities who desire to purchase the biomass from the proposed... [read full story]