Global Automotive Industry Supplier Requests MagneGas®

Major Producer of Painting Systems for Automotive and Aerospace Industries, Views Demo, Requests MagneGas2®

TAMPA, Fla., May 21, 2015  -- MagneGas Corporation ("MagneGas" or the "Company") (MNGA), a leading technology company that counts among its inventions a patented process that converts liquid waste into MagneGas® fuel, announced today that a major producer of painting systems, viewed a MagneGas2® demo and has requested an immediate supply of the fuel for metal cutting.

 

The demo was viewed by company officials on May 19, who indicated they were impressed with the speed and quality of the cut and immediately requested a supply of the fuel.  The company has locations in the U.S. and Mexico and produces large paint booths and other ancillary systems for the automotive and aerospace manufacturing industries.  The gas will initially be supplied to their location in Michigan.   

Read more: MagneGas Corporation ( MNGA )

$35 Billion Energy Company Requests MagneGas® Demo

Second Top 10 U.S. Utility Company Meets with MagneGas Management, Schedules Formal Demo and Testing

TAMPA, Fla., May 19, 2015 -- MagneGas Corporation ("MagneGas" or the "Company") (MNGA), a leading technology company that counts among its inventions a patented process that converts liquid waste into MagneGas® fuel, announced today that it successfully completed a MagneGas2® presentation to a second top ten utility company in the United States.  Formal demonstration and testing has been scheduled for June.  In February, MagneGas2® was accepted by one of the nation's top 5 utilities as a replacement for acetylene because of its improved productivity and safety features.

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Alaska Airlines to be Gevo's Commercial Launch Partner for Renewable Alcohol-Based Jet Fuel

ENGLEWOOD, Colo., May 7, 2015 -- Gevo, Inc. (GEVO) announced today that it has signed a strategic alliance agreement with Alaska Airlines to purchase Gevo's renewable jet fuel and fly the first-ever commercial flight on alcohol-to-jet fuel (ATJ).

The demonstration flight is expected to occur after Gevo receives ASTM International certification for its fuel, sometime in mid to late 2015. Gevo has been working through the rigorous ASTM process for six years, which includes extensive engine testing and data analysis by all of the major original equipment manufacturers to establish the specification for this drop in fuel. Once approved, this fuel can be seamlessly integrated into the existing distribution infrastructure and onto commercial aircraft.

Read more: Gevo Inc ( GEVO )

MagneGas Enters Final Test Phase with New York City's Fire Department

FDNY Special Operations Command Confirms in Final Testing to Use MagneGas® as Replacement to Acetylene

TAMPA, Fla., Sept. 23, 2014 -- MagneGas Corporation ("MagneGas" or the "Company") (MNGA), a leading technology company that counts among its inventions a patented process that converts liquid waste into a hydrogen-based fuel, announced today that it has received formal confirmation from the Special Operations Command of the Fire Department of the City of New York ("FDNY") that it has commenced final testing of MagneGas® for use as a replacement to acetylene. 

Read more: MagneGas Corporation ( MNGA )

BioFuel Energy Enters Into Definitive Agreement To Acquire JBGL

DENVER, June 11, 2014  -- BIOFUEL ENERGY CORP. (BIOF) (the "Company") announced today that it has entered into a definitive agreement (the "Agreement") with certain affiliates of Greenlight Capital, Inc. ("Greenlight") and James R. Brickman ("Brickman") pursuant to which the Company will acquire the equity interests of JBGL Builder Finance LLC and certain subsidiaries of JBGL Capital, LP (collectively, "JBGL") from Greenlight and Brickman.  JBGL is a series of real estate entities involved in the purchase and development of land for residential purposes, construction lending and home building operations.  JBGL is currently owned and controlled by Greenlight and Brickman.

Read more: Biofuel Energy Corp( BIOF )

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