Blue Biofuels, a Florida-based company converting organic waste into sugar and subsequently into fuels, has signed an MOU with World Energy Sustainable Products for the purchase of the products like ethanol and SAF, according to a news release.
Blue Biofuels will register the various products with the relevant regulatory agencies do that they will qualify for use and any available credits. A final definitive agreement is expected to be reached before Blue Biofuels completes the buildout of its semi-commercial facility.
“[World Energy has] the sales volume to absorb our products and bring them to the market, and they are very interested to further develop the markets for sustainable fuels,” Blue Biofuels CEO Ben Slager said in the release. “As we go along and our volumes and timelines get more final we will start filling in specific products and volumes to be brought to the market.”
