Growth Spurs Kreido Move

Kreido Biofuels Inc. moved to a new facility in Camarillo to accommodate additional staff and equipment, the company announced. The manufacturer of biodiesel equipment and fuels is ramping up the production and commercialization of its proprietary spinning-tube-in-tube technology. The company is currently developing biodiesel plants in the U.S. with a capacity of 100 million gallons per year by the end of 2008.