New Generation Biofuels Helps Washington College to Establish a Clean Fuels Energy Path
20 January 2010 - 1:04AM
PR Newswire (US)
First College in North America to test NGBF biofuel COLUMBIA, Md.,
Jan. 19 /PRNewswire-FirstCall/ -- Renewable fuels provider New
Generation Biofuels Holdings, Inc. (NASDAQ:NGBF), today announced
that it successfully burned its biofuel at Washington College of
Chestertown, MD. The purpose of the burn was to provide first hand
data and practical information to Washington College about a
biofuel that would help the College meet its commitment to reducing
its carbon footprint. The results of the evaluation, which was run
in a 250HP Cleaver-Brooks fire-tube boiler, showed excellent
light-off and stability traits, and an overall reduction in NOx
(Nitrogen Oxide) of 51% and Zero CO (Carbon Monoxide) as compared
to #2 heating oil. NGBF biofuel is also inherently free of sulfur.
"We are delighted to be working with Washington College," said New
Generation Biofuels President & CEO Cary Claiborne. "Washington
College has a desire to move towards cleaner fuels and reduce their
overall carbon footprint and we can help them do that. Our biofuel
has demonstrated significant overall greenhouse gas (GHG) emission
reductions as well as local air pollution reductions, including
nitrogen oxide (NOx) and sulfur dioxide (SO2) compared to
distillate fuel oil. In addition, our biofuel can be used as a 100
percent fuel switch with little modification to a customer's
equipment." Representatives from Tri Gas & Oil (NGBF's biofuel
marketer in Maryland) were also on hand to observe the burn. Tri
Gas supplies propane, diesel fuel, oil and gasoline in the
Mid-Atlantic area and would serve as the distributor of the biofuel
for the College. Briggs Cunningham, Climate Action Coordinator for
the Center for Environment & Society at Washington College,
stated that "the College is constantly looking for new and
innovative ways to reduce our carbon footprint while not increasing
our energy costs, and are enthused by the results of the biofuel
test." Washington College signed onto the American College &
University Presidents Climate Commitment in 2007, and this
commitment reflects the increasing momentum of the College's
environmental initiatives, spearheaded by its Center for
Environment & Society. Located in the historic Custom House
along the Chester River, the Center supports interdisciplinary
research and education, exemplary stewardship of natural and
cultural resources, and the integration of ecological and social
values. Ecologically minded students are active in the Student
Environmental Alliance, and the College is gaining renown both
regionally and nationally for its "George Goes Green"
environmental-sustainability campaign. About New Generation
Biofuels Holdings, Inc. New Generation Biofuels is a renewable
fuels provider. New Generation Biofuels holds an exclusive license
for North America, Central America and the Caribbean to
commercialize proprietary technology to manufacture alternative
biofuels from plant oils and animal fats that it markets as a new
class of biofuel for power generation, commercial and industrial
heating and marine use. The Company believes that its proprietary
biofuel can provide a lower cost, renewable alternative energy
source with significantly lower emissions than traditional fuels.
New Generation Biofuels' business model calls for establishing
direct sales from manufacturing plants that it may purchase or
build and sublicensing its technology to qualified licensees. About
Washington College Washington College is a private, independent
liberal arts college located on a 112-acre campus in Chestertown,
Maryland, on the Eastern Shore. Maryland granted Washington College
its charter in 1782. George Washington supported the founding of
the college by consenting to have the "College at Chester" named in
his honor, through generous financial support, and through service
on the College's Board of Visitors and Governors. Washington
College is the tenth oldest college in the United States and was
the first college chartered after American independence. Forward
Looking Statements This news release contains forward-looking
statements. These forward-looking statements concern our
operations, prospects, plans, economic performance and financial
condition and are based largely on our current beliefs and
expectations. These statements involve known and unknown risks,
uncertainties and other factors that may cause actual results to be
materially different from any future results expressed or implied
by such forward-looking statements The risks and uncertainties
related to our business include all the risks attendant an emerging
growth development stage business in the volatile energy industry,
including, without limitation, the risks set forth under the
caption "Risk Factors" in the Company's Annual Report on Form 10-K
for the fiscal year ended December 31, 2008, and in subsequent
filings with the Securities and Exchange Commission. CONTACT: Phil
Wallis, Media Rob Schatz New Generation Biofuels Wolfe Axelrod
Weinberger Holdings, Inc. Associates, LLC (321) 363-5113 (212)
370-4500 http://www.newgenerationbiofuels.com/ DATASOURCE: New
Generation Biofuels Holdings, Inc. CONTACT: Phil Wallis, Media, of
New Generation Biofuels Holdings, Inc. LLC, +1-321-363-5113. ; or
Rob Schatz, Wolfe Axelrod Weinberger Associates, +1-212-370-4500
Web Site: http://www.newgenerationbiofuels.com/
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