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Business update from Kreido Biofuels
(24/03/2008)

Kreido Biofuels, Inc. has provided a business update. Chief Executive Officer Ben Binninger reported, “We have accomplished a great deal since our financing in 2007, and we are continuing to address the significant market and financing challenges affecting our industry and our company. We remain confident that our advanced technology will enable us to achieve both better raw material utilization and lower operating costs than conventional biodiesel plants. We believe these factors, coupled with ... [more]

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