CleanTech Biofuels Inc (CLTH) Finansal

CleanTech Biofuels, Inc. is a development stage company which provides cellulosic biomass derived from municipal solid waste and other chemical products and recyclables. The company is headquartered in St. Louis, Missouri. The company went IPO on 2002-04-10. The Company’s technology is operating in Australia and is being implemented in the United States. Using the existing infrastructure for garbage collection and disposal, the Company is deploying technologies for turning garbage into fuel. The Company’s is engaged in municipal solid waste (MSW) as the primary biomass feedstock for energy production. The Company’s Biomass Recovery Process uses steam and pressure to separate and clean municipal solid waste into biomass, captures recyclables at the same time. The firm uses biomass Gasification technology, which is a process that uses a combination of heat, pressure and chemical reactions to convert biomass and other hydrocarbons into a combustible gas that, similar to natural gas, can produce electricity, heat and liquid fuels.