New Generation Biofuels (NGBF) announced it has filed a patent application for its new glycerin biofuel.

“This new patent pending technology offers another effective biofuel solution for our customers’ environmental and performance challenges,” added Chief Technology Officer Dr. Andrea Festuccia.  “It is formulated, as are our other technologies, to reduce emissions while providing physical product properties that are desirable for many of our customers’ needs.  The low viscosity and temperature characteristics such as an extremely low pour point should be very attractive for many of the markets we serve.  In addition, converting from existing liquid fuels to our technology should require little if any modifications to existing fuel combustion systems.”  

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Shares of NGBF are up about 7% today, but still mired in a long downtrend and trading well under a buck at .60