Thursday, November 20, 2008

Raven Biofuels International Corp. (RVBF.OB) Signs Agreement with Larson Engineering

Raven Biofuels International Corporation (RVBF.OB), a developing global renewable energy company focused on producing ethanol from waste or biomass (cellulosic ethanol), recently announced that the company has entered into an agreement with Larson Engineering to begin engineering for Raven’s proposed Mississippi biorefinery. The planned 33 million gallon per year biorefinery offers regional benefits, including lower feedstock and labor costs combined with strong state incentives. The project plan also includes an adjacent cogeneration facility to be developed in cooperation with local utilities.

Having been involved with more than 50 ethanol and biofuels facilities throughout the United States, Larson Engineering will be responsible for conducting site development, geotechnical, permitting and detailed process design work leading to groundbreaking and commercial operation. In addition, Larson Engineering will serve as Raven Biofuels’ owner engineer for the duration of the project performing equipment specification, detailed engineering, material procurement and construction management.

John Sams, Raven Biofuels’ president chief operating officer, commented, “Raven Biofuels looks forward to moving the recently announced Mississippi project forward through the selection of Larson Engineering as our owner’s engineer. Larson’s experience in the ethanol industry, as well as pulp and paper industry provides an accelerated path for deploying our cellulosic ethanol biorefinery technology in the southern United States. This is a strategic location based on the facility’s proximity to the Gulf Coast’s oil and gas industry and will provide the seed for the profitable growth of Raven Biofuels.”

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