New Generation Biofuels Files a New Patent Application for Pyrolysis Oil Based Biofuel

COLUMBIA, Md., July 21 /PRNewswire-FirstCall/ -- Renewable fuels provider New Generation Biofuels Holdings, Inc. (NasdaqCM: NGBF) ("NGBF" or the "Company") today announced that it has filed for a patent application for their new pyrolysis oil based biofuels.

"I believe that this is truly a technical breakthrough to have a pyrolysis oil based biofuel that we can offer our customers," stated Cary J. Claiborne, CEO and President of NGBF.  "Pyrolysis oil has great potential but until now has been a technical challenge for many to incorporate into their biofuel technology.  We believe NGBF's emulsion technology is a perfect fit."

"We have been able to readily and successfully incorporate pyrolysis oil in our emulsions with excellent results," commented Dr. Andrea Festuccia, Chief Technology Officer for NGBF.  "Many of the challenges faced by others are mitigated by our patent pending formulation technology.  Through our R&D efforts we have been able to take a challenging raw material and enhance its natural properties with our technology.  Customers will be able to use  our pyrolysis oil based products in a multitude of applications including commercial and industrial heating, co-firing in power generation applications, and other processes where diesel and distillate fuels are used."      

Dr. Festuccia continued, "Pyrolysis oil can be made from a wide range of biological and other energy containing products that would normally be waste materials.  The supply opportunities are great.  Plant wastes, items normally heading to a landfill, and other waste streams that are often difficult to dispose of can now become energy sources for our biofuel formulations.  Pyrolysis oil adds another differentiating advantage for us.  We believe this is a significant addition to our product portfolio."    

Mr. Claiborne added, "I applaud Dr. Festuccia and his developmental team for this technology breakthrough.  We add yet another viable feedstock with outstanding potential to yield lower cost, while enhancing our environmental and performance advantages by way of our formulation technology.  We add value by using a potential waste stream converted to pyrolysis oil which we utilize in producing a renewable biofuel with outstanding environmental benefits.  It is an exciting addition to our slate of renewable products at NGBF."        

About New Generation Biofuels Holdings, Inc.

New Generation Biofuels is a renewable fuels provider. New Generation Biofuels holds an exclusive license for North America, Central America and the Caribbean to commercialize proprietary technology to manufacture alternative biofuels from plant oils and animal fats that it markets as a new class of biofuel for power generation, commercial and industrial heating and marine use. The Company believes that its proprietary biofuel can provide a lower cost, renewable alternative energy source with significantly lower emissions than traditional fuels. New Generation Biofuels' business model calls for establishing direct sales from manufacturing plants that it may purchase or build and sublicensing its technology to qualified licensees.

Forward Looking Statements

This news release contains forward-looking statements. These forward-looking statements concern the Company's operations, prospects, plans, economic performance and financial condition and are based largely on the Company's beliefs and expectations. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results expressed or implied by such forward-looking statements. The risks and uncertainties related to our business, which include all the risks attendant an emerging growth company in the volatile energy industry, including those set forth in the Company's Annual Report on Form 10-K for the year ended December 31, 2009, and in subsequent filings with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update the forward-looking statements or to update the reasons why the actual results could differ from those projected in the forward-looking statements.

SOURCE New Generation Biofuels Holdings, Inc.