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Certified Technical Services Builds Kreido Biofuels’ Modular Plant for Biodiesel Production Camarillo, Calif., September 27, 2007 -- Kreido Biofuels, Inc. (OTC BB: KRBF), a renewable energy company, announced today that Certified Technical Services, a leading general contractor and fabrication specialist, has completed the framework construction and has begun assembling the major components of Kreido Biofuels’ modular plant. By building the plant modularly in Texas and then shipping to the operating site, Kreido Biofuels will be able to start biodiesel production faster than if it were to build on site. On schedule to be shipped to Wilmington, North Carolina at the end of 2007, the modular plant will be Kreido Biofuels’ first full-scale commercial biodiesel plant. This inaugural plant is targeted to begin biodiesel production in the first quarter of 2008 and is expected to have an annual capacity of 33 million gallons per year. Ben Binninger,
Chief Executive Officer, Kreido Biofuels, said, "Our
modular plant design is one of the major differentiating elements of
our business strategy. As Certified builds, we simultaneously construct
our spinning tube in tube, or STT, Systems at our new and expanded California
facility. We believe this approach will allow us to most efficiently
accelerate the development and deployment of our biodiesel plants worldwide.
Simultaneously building STT Systems and modules while moving forward
on site development advances the company’s goal of having biodiesel
production capacity of 100 million gallons per year by the end of 2008.” About
Kreido Biofuels # # # Investor Relations Contact: Public Relations Contact: |
| © 2009 Kreido Biofuels, Inc. All rights reserved. | |