Cleantech Biofuels Inc. (CLTH.OB) Breaks Ground Towards the Future
Source: http://Blog.QualityStocks.net/?p=13189Posted on Thursday, October 30th, 2008 | In Small & Micro Cap
Cleantech Biofuels is taking the lead in the waste-to-energy industry. With many companies trying to find direction in this field, Cleantech has focused on developing ground-breaking technologies to convert cellulosic material found in municipal solid waste (MSW) into ethanol, which will help generate biofuels and other usable energy products at competitive prices.
Cleantech employs a sophisticated technology known as HFTA technology. HFTA was developed at the renowned University of California, Berkeley and has substantial advantages over any other available means to hydrolyze cellulosic material for ethanol production.
Cleantech has a game plan in place that is not only friendly to the marketplace but will put a smile across the faces of environmentalists across the world. Cleantech anticipates quickly achieving profitability by dramatically reducing pollution released into the environment by the disposal of municipal waste and reducing the costs of transporting waste long distances for disposal.
Leading the Cleantech revolution is Ed Hennessey. Hennessey serves as the company’s CEO and President and has been in charge of Cleantech and its predecessor companies since 2002. Through his tireless energy, Hennessey has developed the business strategy for the young company and has secured the existing technology licenses and required funding.
While becoming a pioneer in the waste-to-energy industry, Hennessey is also known in the business world for his brilliance in the financial market which is a reputation he earned during his time with Shearson Lehman Brothers in 1986 and ultimately opening and managing his own securities brokerage and investment banking firm which he sold in 1999.
With state-of-the-art technology and a leader like Ed Hennessey, Cleantech Biofuels may quickly become a household name.
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