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Monday, March 3, 2008

Earth Biofuels LNG Subsidiary Signs Supply Agreement With SYSCO


http://www.centredaily.com/business/story/411307.html

Earth Biofuels LNG Subsidiary Signs Supply Agreement With SYSCO

DALLAS — Earth Biofuels, Inc. (OTCBB: EBOF) today announced that its subsidiary, Applied LNG Technologies, Inc. ("ALT"), has executed a new three year supply agreement to sell and deliver liquefied natural gas ("LNG") to SYSCO Food Services of Los Angeles, Inc., a subsidiary of SYSCO Corporation (NYSE: SYY).

As is the case with its numerous other West Coast customers, ALT will deliver the LNG from its plant in Topock, Arizona to SYSCO of Los Angeles for use in SYSCO's fleet of delivery trucks.

Robert Kidder, Manager of Fleet and Facilities for SYSCO Foods of LA, stated, "Signing this long term contract with ALT provides us a secure source of LNG at costs significantly lower than diesel prices."

ALT's Vice President of Operations, Kevin Markey, said, "This long term agreement gives ALT the opportunity to continue our relationship with an outstanding group like SYSCO Foods of LA that is dedicated to natural gas fuel alternatives."

Transportation grade LNG helps companies meet strict emission standards in the state of California. Vehicles fueled by the transportation grade LNG produce appr
Posted by mark b springer at 11:23 AM
Labels: Earth Biofuels LNG Subsidiary Signs Supply Agreement With SYSCO

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mark b springer
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