Kreido, Eco-Energy in Marketing and Distribution Agreement

Kreido Biofuels, Inc. signed an agreement to have Eco-Energy, Inc. market and distribute its bio-diesel products, the company announced. Eco-Energy will purchase Camarillo-based Kreido’s bio-diesel output from its two production facilities for three years at current commercial market prices, as well as provide transportation and logistics services. Eco-Energy is a strong partner capable of distributing Kreido bio-diesel from multiple manufacturing locations, said Senior Vice President Phil Lichtenberger. “We will benefit from Eco-Energy’s marketing expertise as we work toward providing the U.S. a sustainable energy source,” Lichtenberger said.