Consolidated Biofuels Announces Agreement for 30 Million Gallon Biodiesel Plant

Under the agreement, Core Ventures will supply experienced management to oversee the location, construction and operation of the Company's first biodiesel production facility.

[ClickPress, Tue Dec 13 2005] Lake Harmony, PA - Consolidated Biofuels, Inc. (Pink Sheets: CBIO), an alternative fuel producer, announced today 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. More> http://www.cyberelease.com/cbio121305.htm.

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Source: CybeRelease.com

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