CleanTech Biofuels Inc (PK:CLTH)
Business Focus: Specialty Chemicals
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Company News
Jul 07, 2016 10:30 ET
CleanTech Biofuels, Inc. Announces Acquisition
ST. LOUIS, July 7, 2016 /PRNewswire/ -- CleanTech Biofuels, Inc. (OTC: CLTH), an early stage development company focusing on producing cellulosic biomass from municipal solid waste for conversion to combined heat and power, advanced biofuels, and bio-based chemicals, has acquired a 99% membership interest in 25 Van Keuren, LLC, a New Jersey Limited Liability Company.
Valuation Ratios
Industry
Sector
Beta
N/A
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Price to Sales - TTM
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1.49
1.59
Price to Book - most recent quarter
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1.85
1.69
Price to Cash Flow per share - TTM
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11.42
9.73
Price to Free Cash Flow per share - TTM
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25.24
21.38
Business Summary
| Sector: Basic Materials | Industry: Specialty Chemicals |
CleanTech Biofuels, Inc. offers a set of technologies, which converts municipal solid waste into biomass feedstock. 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 Company 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.
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