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There is important breaking news coming from CleanTech Biofuels, Inc. (OTCBB: CLTH), and the company should have investors monitoring the stock closely. Yesterday after the markets closed, the company issued a press release announcing that it has closed the merger of Biomass North America Licensing, Inc. into its wholly-owned subsidiary.

Great news for the company, as the press release states that CleanTech plans to move quickly to implement its newly acquired technology at a commercial waste transfer station in Chicago, Illinois to produce cellulosic biomass from municipal solid waste. In cooperation with the owner of the site, the permitting and approval process for construction of the plant is underway.

The cellulosic biomass to be produced at the facility can be used for a variety of purposes, including solid fuel for the production of electricity in existing coal-fired power plants. CleanTech has been approached by several utilities who desire to purchase the biomass from the proposed Chicago plant for use in existing power plants.

Mayor Richard M. Daley recently announced a plan to dramatically slash emissions of heat-trapping gases, part of an effort to fight global warming and make Chicago one of the greenest cities in the nation.

CleanTech's municipal solid waste to energy platform is a significant step towards fulfilling Mayor Daley's vision.

Investors are urged to continue to monitor the progress of the company!

Before the news was released, the stock closed Monday at Forty cents a share.

For Wall Street News Alert's in-depth profile of CleanTech Biofuels, visit http://www.WallStreetNewsAlert.com/HotStocks/CLTH101308/default.aspx.

In case you are not familiar with the company: CleanTech Biofuels, Inc. is a development stage company with technology that the company believes is capable of converting municipal solid waste into ethanol and other energy products. By using the existing infrastructure for municipal solid waste collection and disposal to collect biomass at low or possibly negative feedstock cost, the Company expects to achieve profitability quickly relative to other energy producers who must develop their infrastructure to collect and transport more expensive feedstocks such as sugar cane, corn or even switchgrass, wood waste, or corn stoverl.

The Andersons, Inc. (NASDAQ: ANDE) up 15.5% on 281,000 shares traded.

The Andersons, Inc. is a diversified company with interests in the grain, ethanol and plant nutrient sectors of U.S. agriculture, as well as in railcar leasing and repair, turf products production, and general merchandise retailing.

VeraSun Energy Corp. (NYSE: VSE) up 11% on 1.4 million shares traded.

VeraSun Energy Corporation, headquartered in Brookings, S.D., is a leading producer and marketer of ethanol and distillers grains. Founded in 2001, the company has a fleet of 16 production facilities in eight states, of which two are still under construction.