The BioCube Corporation is pleased to announce that it has signed a Distribution Agreement with Magnalogic S.A. De C.V for the rights to distribute the BioCube™ in Mexico.
Magnalogic S.A. de C.V. is a privately owned company based in Queretaro, about two hours from Mexico City.
Eduardo Vazquez Vela, head of the new distributorship, said:
“ I was impressed with the BioCube when I saw it demonstrated at the manufacturing facility in Coquitlam, B.C. earlier this year. Since then we have established a company in Mexico and have been developing customer leads, with a number parties expressing interest so far. We have the mechanical and service based infrastructure already in place and are looking forward to building our business with BioCube Corporation.”
BioCube Corporation CEO, David Tait said:
“We are delighted to have signed this Distribution Agreement with a company that is well positioned to succeed in a major new market for us. Magnalogic are an established company with good connections to local and central government, a ready-made distribution network and practical experience in servicing machinery. The BioCube is a natural extension to their business and allows us to establish a presence in Mexico with confidence that our customers there will be well looked after.”
The agreement marks an exciting new chapter for BioCube in geographical terms with the first implementation expected within six months.
About The BioCube Corporation
The BioCube Corporation Ltd is an unlisted public company. The company designed, developed and manufactures the BioCube™; a compact, transportable and affordable community-sized biodiesel processor. The BioCube™ can process high quality biodiesel from a wide variety of feedstock that can be used directly in any modern diesel engines without modification. The BioCube fuels energy independence by making sustainable distributed biodiesel processing viable for commercial and community enterprises around the world. The company has operations in Queensland Australia, and Vancouver, BC Canada (for further information Contact Peter Wilken)