Greenbelt Resources Corporation (Pink Sheets:GRCO), a leading innovator in the development of effective and economical alternative energy technologies, announced today that Master Recycling Center, Inc., has increased its earlier order of 2 million gallons, to 5 million gallons of ethanol per year. Diversified Ethanol Corporation, a subsidiary of Greenbelt Resources Corporation will begin construction of the new facility in Pomona, California with completion planned for late spring/early summer of 2008. Read the rest of this entry »

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The Automotive & Transportation Group at Frost & Sullivan is pleased to announce its 2008 Quarterly Analyst Briefing Presentation on the global automotive biofuels market to be held on Thursday, January 17, 2008 at 3:00 pm GMT. Read the rest of this entry »

Fuel Reformulator From San Diego-Based Manufacturer Improves Fuel Efficiency and Reduces Emissions

Ethos Environmental, Inc. (OTCBB: ETEV) announced today that three generations of the famed Unser racing family have endorsed Ethos FR®, a fuel reformulating product that improves fuel efficiency while reducing harmful engine emissions.

Praising the performance of Ethos FR®, Al Unser, Jr. enthused, “In my trucks, in my town, Ethos FR® proved to me once again that this product simply works. No racetrack, no mechanics, just me and my trucks. This product saves fuel and helps the environment!” Read the rest of this entry »

NOK-BONG Ship Building Co., Ltd. Uses its Stock to Purchase $30 Million of Shares of St. Lawrence Energy Corp (OTC: SLAW); St. Lawrence Now Has 33% Stake in NOK-BONG

Korean ship builder NOK-BONG Ship Building Co., Ltd. (NBS) has purchased 20,000,000 unissued shares of common stock in St. Lawrence Energy Corp. (OTC: SLAW), a Delaware corporation, at a price per share of $1.50, for $30 million.

Concurrently St. Lawrence Energy is making an investment in purchasing 400,000 shares of NOK-BONG common stock for $30 million. As a result, St. Lawrence now owns approximately 33% of NOK-BONG. Read the rest of this entry »

BlueFire Ethanol Fuels, Inc. (OTC BB: BFRE) closed $15 million in financing for corporate overhead and continued project development with Quercus, an environmentally focused trust.On December 14, 2007, BlueFire entered into a Securities Purchase Agreement whereby Quercus Trust acquired shares of common stock and warrants for total proceeds of $15,000,000. The complete terms of the agreement are detailed in the Form 8-K filed with the Securities and Exchange Commission on December 17, 2007. The financing enabled BlueFire to convert its outstanding senior secured convertible notes held by Aurarian Capital Partners and Aurarian Capital Ltd into common stock.

“BlueFire is very excited to have the Quercus Trust as a strategic investor in our company and we applaud the Quercus Trusts continued commitment to invest in the companies that provide environmentally sound solutions for todays global issues, said Arnold Klann, President and Chief Executive Officer of BlueFire Ethanol. This investment will provide us with the capital liquidity that we need to continue to execute our business plan and will help bring America one step closer to becoming energy independent.

BlueFire Ethanol is one of six ethanol companies awarded funding from the U.S. Department of Energy for its planned ethanol production facility using cellulosic wastes diverted from landfills in Southern California. The facility will produce approximately 17 million gallons of cellulosic ethanol per year from green waste, wood waste and other cellulosic urban wastes.

In addition, BlueFire is also in the process of obtaining all necessary permits to commence construction of a smaller facility near Lancaster, California. The Lancaster plant will produce 3.1 million gallons of cellulosic ethanol per year from the cellulosic fraction of post-sorted municipal solid waste. By locating biorefineries directly in the markets with the highest demand for ethanol, BlueFire Ethanol’s technology can also help cities manage landfill waste — solving two problems for the price of one.

“We have made significant progress in our efforts to build the first cellulose-to-ethanol facility in California. This facility will be a catalyst for cellulosic fuel production throughout our nation and will provide the first building block in generating the 16 billion gallons of cellulosic ethanol per year that were outlined in the recently passed Energy Bill, stated Klann.

If you would like to receive regular updates on BlueFire Ethanol, please click on the following link: http://www.b2i.us/irpass.asp?BzID=1437&to=ea&s=0.

About BlueFire Ethanol Fuels, Inc.:

BlueFire Ethanol Fuels, Inc. is established to deploy the commercially ready, patented, and proven Concentrated Acid Hydrolysis Process for the profitable conversion of cellulosic (“Green Waste”) waste materials to ethanol, a viable alternative to gasoline. BlueFire’s use of the Process Technology positions it as the only cellulose-to-ethanol company worldwide with demonstrated production of ethanol from urban trash (post-sorted MSW), rice and wheat straws, wood waste and other agricultural residues. Our goal is to develop and operate high-value carbohydrate-based transportation fuel production facilities worldwide. These “biorefineries” will convert widely available, inexpensive, organic materials such as agricultural residues, high-content biomass crops, wood residues, and cellulose from MSW into ethanol. BlueFire intends to build a multinational company that leads the world in producing biobased transportation fuels. Its business will encompass development activities leading to the construction and long-term operation of production facilities while maintaining technological advantage and ownership of the process technology and all its improvements. Ethanol will be produced from biorefinery facilities opportunistically constructed on or near landfills, waste collection and waste separation sites. Each facility will deploy the proprietary technology, which uses all cellulosic waste materials traditionally disposed of in landfills as feedstock. www.BlueFireEthanol.com

Electric car pioneer ZAP (OTCBB: ZAAP) will be designing its cars to play and recharge the iPod and will preview the concept at the Macworld Expo, January 15-18 in San Francisco.ZAP says it will be designing its cars to include a head unit made for the iPod. ZAP cars would play music from the iPod through the car speaker system as well as recharge using the ZAP Recharge-It-All made for iPod battery system. ZAP will be previewing the concept at Macworld and says that the first cars equipped with this technology would be available later in 2008. ZAP says it has plans to make all its electric vehicles for the iPod. Read the rest of this entry »

Gulf Ethanol Corporation (OTC:GFET) announced today that it has retained the services of Microbac Laboratories, Inc. to test cellulosic feed stocks processed under its license with Meridian Biorefining, Inc. Microbac works directly with the National Renewable Energy Laboratory (NREL) and brings over 15 years of experience analyzing biomass products for major U.S. corporations. Read the rest of this entry »