MIAMI, FL , Cosan Limited (NYSE: CZZ), Methanex Corporation
(NASDAQ: MEOH), Xethanol Corporation (AMEX: XNL).
CleanTech Biofuels, Inc. (OTCBB: CLTH) has just issued positive
news, and the company should have investors monitoring the stock
closely. Yesterday after the markets closed, the company issued a
press release announcing that that preliminary data received from
Hazen Research indicates that the sugar production potential of its
licensed, dilute acid hydrolysis technology, which was originally
developed at the University of California at Berkeley, is
sufficient to support very economically attractive production of
fuel grade ethanol from municipal garbage.
Great news for the company! CleanTech CEO, Edward P. Hennessey,
commented: "The preliminary data we received from Hazen Research is
extremely positive. We are optimistically awaiting the final
results that will quantify more key variables in the
waste-to-energy economics equation."
This "Cellulosic Ethanol" production system differs
significantly from other ethanol production systems in that it uses
currently-collected municipal solid waste as its feedstock rather
than other, more expensive feedstocks, such as corn, sugar or other
dedicated biomass crops or residues. Municipal solid waste is
typically 50% to 60% organic material. Using its proprietary,
licensed technology CleanTech converts this organic material into
what it calls Process Engineered Fuel (PEF). The produced PEF is
then converted into sugars, which are fermented to produce clean,
fuel grade ethanol. Conclusive results further quantifying the
efficiencies and economics of the processes will be disclosed in
the coming weeks.
While corn-based ethanol production has provided the necessary
impetus for development of a much needed biofuels industry, nearly
everyone recognizes that ethanol production from non-food sources,
called "Cellulosic Ethanol," is the future of biofuels. One of the
primary challenges to cellulosic ethanol production is the cost of
growing, harvesting, collecting and transporting the biomass.
CleanTech's business model of using currently-collected MSW as its
feedstock overcomes this problem, while simultaneously remediating
landfill problems. In fact, contrary to the high feedstock costs of
competing business models, MSW could even offer a negative
feedstock cost, i.e. CleanTech will likely get paid to take its
feedstock! This feedstock cost difference represents a tremendous
advantage for CleanTech over its cellulosic ethanol producer
competition.
Investors, watch this company closely!
Before the news was released, CLTH closed Tuesday at $1.08 a
share.
For Stock Market Alerts' in-depth profile of CleanTech Biofuels,
visit
http://www.wallstreetenews.com/HotStocks/CLTH060308/default.aspx.
Other Stocks of interest yesterday were:
Cosan Limited (NYSE: CZZ) up 3.7% on 573,000 shares traded.
Cosan Limited through its subsidiaries, engages in the manufacture
and sale of sugar and ethanol primarily in Brazil. It grows and
processes sugarcane to produce standard sugars, including raw
sugar, crystal sugar, and organic sugar; and refined sugars,
including granulated refined white sugar, amorphous refined sugar,
refined sucrose liquid sugar, and refined inverted liquid sugar.
The company also produces and sells hydrous, anhydrous, and
industrial ethanol.
Methanex Corporation (NASDAQ: MEOH) up 1.8% on 550,000 shares
traded. Methanex is a Vancouver-based, publicly traded company and
is the world's largest supplier of methanol to major international
markets.
Xethanol Corporation (AMEX: XNL) down 8.7% on 234,000 shares
traded. Xethanol Corporation is a renewable energy company focused
on alternate energy products and technologies as well as producing
ethanol and other co-products. Xethanol is focusing on renewable
energy and clean technology, including biomass gasification for
electricity production, wind power, solar power, energy storage,
energy infrastructure, energy efficiency, waste recycling and
agricultural processes.
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of this release, and hereafter referred to as "the company". The
company has not received compensation for services performed for
CleanTech Biofuels, Inc. (OTCBB: CLTH). However, the company
maintains a contractual working relationship with Wall Street
Capital Funding (WSCF) which has been compensated Forty Thousand
Dollars (Fifteen Thousand Dollars for current services and Twenty
Five Thousand Dollars for previous services) for coverage of
CleanTech Biofuels, Inc. (OTCBB: CLTH), by third party, Five Sigma
Limited., who is non-affiliated and may hold a significant position
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