BlueFire Ethanol ( OTC: BFRE) has signed a Memorandum of Understanding with MECS, Inc. as its lead Engineering Procurement and Construction contractor for the Company's cellulosic ethanol plants to serve the renewable fuels market. BlueFire's goal is to design, develop and construct 20 plants in the next 6 years totaling 1.5 billion gallons in production and approximately $2.7 billion in gross revenue by 2012 with earnings in excess of $1.6 billion. MECS will work with BlueFire and JGC to complete design and commence construction of its first cellulosic plant by the second quarter of 2007.
BlueFire Ethanol, Inc. (previous post) is established to deploy the commercially ready, patented, and proven Arkenol Technology Process for the profitable conversion of cellulosic ("Green Waste") waste materials to ethanol, a viable alternative to gasoline. BlueFire's use of the Arkenol 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.
Since 2003, the technology has been successfully used in the IZUMI pilot plant operated by JGC, the licensee of Arkenol for Japan and SE Asia, to produce ethanol for the Japanese transportation fuel market. Over the last 10 years, the initial testing on a vast array of potential feedstock has been completed both in the U.S. and at various locations throughout the world. BlueFire has completed the arrangement of the major commitments necessary to proceed with final development of its first commercial facility which will be sited in California.
Arkenol has developed significant proprietary improvements to a well known conversion technology known as concentrated acid hydrolysis such that the process is ready for commercial implementation. Arkenol determined that the concentrated acid hydrolysis process could be made economically viable through the use of new technology, modern control methods, and newer materials of construction.
The process uses: 1) flash fermentation, 2) membrane distillation and 3) Chromatographic separation of the acid from the sugars which differentiate it from other processes.
MECS Monsanto Enviro-Chem Systems Inc. was formed, as a wholly owned subsidiary, by Monsanto Company in 1969 through a consolidation of several existing process technology, product and services businesses, some of which were established as early as 1917. On August 5, 2005, the management team of Monsanto Enviro-Chem Systems, Inc. successfully completed the purchase of their company from Monsanto. As a separate company, MECS continues delivering the highest quality processes, technologies, services and personal relationships to its customers worldwide. http://www.mecsglobal.com/