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Kreido Biofuels Relocates to Accommodate STT® System
Production
Camarillo, Calif., September 5, 2007 --
Kreido Biofuels, Inc. (OTC BB: KRBF), a renewable energy company, announced
today that it has relocated its corporate headquarters within Camarillo,
California. The Company’s new corporate headquarters and manufacturing
facility are located at 1070 Flynn Road, Camarillo, CA 93012. All other
contact information for the company will remain the same.
The larger facility will accommodate Kreido Biofuels’ additional
staff and equipment as they expand manufacturing of their proprietary
biodiesel process intensification technology. The Company is ramping
up the production and commercialization of its STT® System. Kreido
Biofuels is currently developing biodiesel plants within the U.S., built
around its STT® process intensification technology. These facilities
will have an anticipated capacity of 100 million gallons per year by
the end of 2008.
About Kreido Biofuels
Kreido Biofuels, Inc. has invested $20 million to provide the world renewable
energy through its proprietary process intensification technology - the STT® system.
The Company is currently developing biodiesel plants in the U.S. that will have
an anticipated aggregate nameplate capacity of 100 million gallons per year.
Kreido’s plants are built around its STT® 30G biodiesel production
unit, a complete pipe-to-pipe biodiesel production system that significantly
improves the efficiency, quality, and process control of biodiesel production.
Committed to building a sustainable future, Kreido Biofuels’ plants have
a smaller footprint and offer feedstock flexibility. The Company plans to license
its biodiesel technology internationally and to third-party biodiesel producers
in the U.S. Kreido Biofuels is based in Camarillo, California. STT is a registered
USPTO trademark of Kreido Biofuels, all rights reserved. For more information
about Kreido Biofuels, visit www.kreido.com.
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Investor Relations Contact:
Ina McGuinness
Integrated Corporate Relations
Office: (310) 954-1100
Public Relations Contact:
Denica Gordon
DGPR Consulting
Office: (323) 253-9337
dgprconsulting@aol.com
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