ST. LOUIS, Oct. 20 /PRNewswire-FirstCall/ -- CleanTech Biofuels, Inc. (OTC Bulletin Board: CLTH) announces that it has placed its initial orders for equipment to be used at its first commercial site located in Chicago, Illinois. CleanTech expects to begin producing biomass from municipal solid waste for the production of renewable energy in the near-term. Initially, the biomass produced in Chicago will be co-fired with coal at existing coal fired power plants operating in the Chicago area.
About CleanTech Biofuels, Inc.
CleanTech Biofuels, Inc. is a development stage company with technology that the company believes is capable of converting municipal solid waste into cellulosic ethanol and other products. By using the existing infrastructure for municipal solid waste collection and disposal to collect biomass at low or possibly negative feedstock cost, the Company expects to achieve profitability quickly relative to other alternative energy producers who must develop their infrastructure to collect and transport more expensive feedstocks such as sugar cane, corn or even switchgrass, wood waste, or corn stover.
This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The risks and uncertainties that may affect the operations, performance development, and results of the Company's business include but are not limited to fluctuations in financial results, availability and customer acceptance of our products and services, the impact of competitive products, services and pricing, general market trends and conditions, and other risks detailed in the Company's SEC reports.
SOURCE CleanTech Biofuels, Inc.