BIOF Stock Recent News

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 negative environmental impact of non-biodegradable plastic pollution continues, as the industry looks for alternatives that are environmentally friendly and do not rely on petroleum-based polymers. It is estimated that roughly 8.3 billion tons of plastic have been produced globally during the past 65 years. However, only 21% of this amount has been recycled or destroyed.

The inflationary forces that are currently at work in the U.S. economy will continue to cause much higher prices for many commodities, including corn. Corn is a primary feedstock for ethanol producers and as its price rises, so do the production costs for many ethanol plants located in the corn-belt region of the U.S.

We've always had a penchant for underdogs. There is something about witnessing an 80-1 shot winning the Kentucky Derby that reinforces our belief that anyone can succeed in life. This underdog mentality has shaped our investment philosophy, which focuses primarily on micro-cap companies that Wall Street has yet to discover.