LOS ANGELES--(BUSINESS WIRE)--Pure Biofuels (OTCBB:PBOF) today announced that its President and CEO, Luis Goyzueta, will appear as a panelist at the World Biofuels Markets Congress 2007. Many of the world’s leading experts in alternative energy and biofuels are scheduled to present at the meeting taking place in Brussels, Belgium, March 6-9. Billed as the Premier Business Networking Congress for the Global Renewable Fuels Industry, the event’s opening day keynote address is being given by former US Vice President, Al Gore.
Mr. Goyzueta will be part of the Biodiesel: Towards Sustainable Transport segment, and will feature a debate entitled “A Maturing Industry?” Other panelists set to appear with Mr. Goyzueta include the CEO of Biopetrol Industries, Mr. Klaus Henschel and Biofuels Partners’ CEO, Mr. Claudio Rocchietta. Opening the segment, moderated by European Biodiesel Board Secretary General, Raffaello Garofalo, will be a case study given by NTR Bioverda CEO, John Mullins, and an overview of the US biodiesel market by National Biodiesel Board CEO, Joe Jobe.
For more information visit: http://www.greenpowerconferences.com/wbm/index.html
About Pure Biofuels
Pure Biofuels is committed to being a leader in Latin America's rapidly emerging biofuels industry. Pure Biofuels' flagship project, the Callao Port biodiesel refinery near Lima, Peru, is scheduled to commence production during the fourth quarter of 2007. The Callao Port refinery will process biodiesel from crude palm oil feedstock. Pure Biofuels has secured memorandums of understanding with local fuel distributors for all of Callao Port's annual biodiesel production. For more information about Pure Biofuels, please visit: http://www.purebiofuels.com/home.html
Biodiesel is a clean and renewable energy source derived from vegetable oil that can be used in unmodified diesel engines. Biodiesel improves overall engine performance, is 100% compatible with existing diesel vehicles and infrastructure, and has proven reliable in over 50 million miles of road testing. Biodiesel significantly reduces harmful exhaust emissions, which contribute to global warming, is non-toxic at any level, and is the first and only fuel to have passed the Clean Air Act. The United Nations expects biofuels to account for a full 25% of world energy needs by 2025.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Since the forward-looking statements relate to future developments, results or events, these statements are highly speculative and involve risks, uncertainties and assumptions that are difficult to assess. You should not construe any of these statements as a definitive or invariable expression of what will actually occur or result. Such forward-looking statements include, among others, the expectation and/or claim, as applicable, that the Callao Port refinery is scheduled to commence production during the fourth quarter of 2007.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, (i) Pure Biofuels' ability to raise the necessary capital to complete construction of the biodiesel refinery; (ii) Pure Biofuels' ability to obtain any necessary government, regulatory or other permits or approvals; (iii) Pure Biofuels' ability to operate effectively in a highly competitive industry with many participants; (iv) Pure Biofuels' ability to keep pace with technological advances and correctly identify and invest in the technologies that become commercially accepted; (v) Pure Biofuels' ability to protect its intellectual property rights and exposure to infringement claims by others; (vi) Pure Biofuels' ability to operate the biodiesel refinery, if and when construction is completed, efficiently, without work stoppages, labor disputes, equipment/mechanical break-downs, political, economic and social unrest and in compliance with new governmental regulations; (vii) Pure Biofuels' ability to comply with environmental, health and safety laws; and (viii) Pure Biofuels' ability to negotiate binding agreements for the sale of biodiesel, if and when production commences. 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 actual results could differ from those projected in the forward-looking statements. Although the Company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations, or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the Company's periodic reports filed from time to time with the Securities and Exchange Commission and available at www.sec.gov.