BlueFire Ethanol: 50 Hottest Companies in Bioenergy candidate profile

BlueFire Ethanol
Based in: California
2008-09 ranking: #13

Business: BlueFire Ethanol’s Concentrated Acid Hydrolysis Technology Process converts waste materials – such as sorted municipal waste, wood waste, green waste, straws, switchgrass, and corn stover – into ethanol.

Model: Owner/operator.

Past milestones:

1. Received permits for Lancaster facility.
2. Teamed up with Solazyme
3. Deploying $40 MM award from U.S. Department of Energy to complete Mississippi facility

Future milestones:

1. Construct and begin operation of Lancaster facility
2. Finance and construct Fulton, MS facility
3. Company to become profitable

Metrics: For the 1st facility, the fuel production cost will be approximately $1.60 a gallon. Fuel cost will be sub $1 a gallon at the company’s larger facilities.

BlueFire quotable quotes: “BlueFire will locate its facilities near the end markets for the ethanol which gives it a competitive advantage over traditional ethanol production. BlueFire will also be able to produce at a lower cost by being located next to or in existing landfills, eliminating transportation cost.”

The Hot 50 for 2009-10 will be released Tuesday, 12/1. Between now and then, you’ll see profiles of potential candidates in the Digest, and you’ll have a chance to vote for your favorites. Reader response will count for 50 percent of a company’s overall score in the preparation of the rankings. The remaining 50 percent is voted by a panel of experts.

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