BioFuels Journal

CleanTech Biofuels Completes Acquisition of Biomass North America Licensing as Wholly Owned-Subsidiary

St. Louis—CleanTech Biofuels, Inc. (BULLETIN BOARD: CLTH) 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 Chicago plant for use in existing power plants.

Mayor Richard M. Daley recently announced a plan to dramatically slash emissions of heat-trapping gases, part of an effort to fight global warming and make Chicago one of the greenest cities in the nation.

CleanTech's municipal solid waste to energy platform is a significant step towards fulfilling Mayor Daley's vision.

For more information, call 314-802-8670.