“It is an honor to have been recognized for innovation and achievement
in bio-energy by a highly respected industry authority,” says president
and CEO of BlueFire Ethanol, Arnold R. Klann.
For a
company that entered the public market in 2006, that is an impressive
and respectable debut. A recent study found that the biomass ethanol
firm has the potential to grow into a $1.5 billion company in only five
years, and with proper financing, it could become worth $3 billion in
10 years. With its growth, company leaders intend to create a larger
business that owns bio-refineries that produce ethanol in the cheapest
and simplest way possible.
BlueFire’s objective is to become a leading firm that creates and supplies liquid fuels by manufacturing ethanol.