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NewswireToday - /newswire/ -
Lake Harmony, PA, United States, 12/19/2005 - The first of six planned by the Company, each facility will utilize a proven continuous flow process that will enable the Company to be competitive with other larger facilities in the region..
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CybeRelease reports Consolidated Biofuels, Inc. (Nasdaq: CBIO), an alternative fuel producer, recently announced that it has signed a consulting agreement with Core Ventures, LLC. Under the agreement, Core Ventures will supply experienced management to oversee the location, construction and operation of the Company's first biodiesel production facility. Core Ventures will also assist the Company in securing contracts for feedstock and chemical procurement, as well as contracts for sales of biodiesel and glycerin. The first of six planned by the Company, each facility will utilize a proven continuous flow process that will enable the Company to be competitive with other larger facilities in the region. Consolidated is also investigating several other applicable technologies to improve efficiencies as well as exploring other feedstock sources to integrate into the new facilities.
Other active stocks are AULT INC (Nasdaq: AULT), Sangamo Biosciences Inc. (Nasdaq: SGMO) and NeoMagic Corp. (Nasdaq: NMGC).
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