Message #26 From:
NewsBot Date: July 31, 2008 11:48:02 AM
GFET Stock: Gulf Ethanol Begins Testing New Cellulosic Preprocessing System
Gulf Ethanol Corporation (PINKSHEETS: GFET stock)
announced today that testing of its new preprocessing system for cellulosic
ethanol production has begun.
On Monday we started the equipment and began the process of calibrating it
to handle sorghum. Tuesday was spent further evaluating the settings and a
small amount of sorghum was tested in the machine to establish a base line
of performance for test protocols.
Gulf Ethanol plans to test its cellulosic biomass preprocessing system for
capacity of preprocessing, throughput capabilities, and the performance
parameters that will define scalability. The specific objectives of our
preprocessing research will include efforts to quantify the equipment's
capabilities with various biomass feedstocks. GFET will focus on sorghum
but will also test switchgrass, corn, sawdust and other biomass. We plan to
structure our testing to further identify strategies to increase
preprocessed feedstock bulk densities, energy requirements and to determine
the drying capacity of the equipment, all critical elements in cellulosic
ethanol production.
GFET's goal is to produce a feedstock that is comprised of very small
particles that will increase the net ethanol yield and efficiencies of
cellulosic ethanol production thereby easing the demand on corn as the
primary feedstock for ethanol.
About Gulf Ethanol Corporation
Gulf Ethanol is an alternative energy company focused on the development of
the cellulosic ethanol industry with a particular emphasis on Texas and the
Gulf Coast.
Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: This news release contains forward-looking information within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, including
statements that include the words "believes," "expects," "anticipate" or
similar expressions. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the actual
results, performance or achievements of the company to differ materially
from those expressed or implied by such forward-looking statements. In
addition, description of anyone's past success, either financial or
strategic, is no guarantee of future success. This news release speaks as
of the date first set forth above and the company assumes no responsibility
to update the information included herein for events occurring after the
date hereof.
