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Aemetis India Expands Revenues to $50Mn Per Year Run Rate (Int'l)
Aemetis
Date: 2019-07-17
Following up on our 22nd May coverage, Cupertino, California-based advanced renewable fuels and biochemicals specialist Aemetis, Inc. reports its Universal Biofuels India subsidiary in Hydrbad ramped revenues to over $50 million per year run rate after biodiesel shipments commenced in May -- pursuant to a previously announced $23 million biodiesel supply contract to the three India government-owned Oil Marketing Companies (OMC's).

In late 2018, the three India OMC's that supply about 70 pct of the country's domestic diesel issued purchase requests for about 260 million gallons of biodiesel for year 2019 -- equal to India's total biodiesel production capacity.

As previously reported, the Aemetis biodiesel plant in India recently completed the installation and commissioning of a pre-treatment plant and related utilities upgrades to convert lower cost, waste feedstocks into high quality distilled biodiesel to supply the approximately 25 billion gallon diesel market in India. (Source: Aemetis, PR, EIN, 16 July, 2019)Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, emcafee@aemetis.com, www.aemetis.com

More Low-Carbon Energy News Aemetis,  Biodiesel,  Aemetis India,  


Aemetis India Touts Monthly Domestic Biodiesel Revenue (Int'l)
Aemetis,
Date: 2019-06-14
Following up on our 22nd May coverage, Cupertino, California-headquartered Aemetis, Inc. is reporting its Aemetis Universal Biofuels India subsidiary achieved record domestic biodiesel revenues in May as shipments commenced under the previously announced $23 million biodiesel supply contract to the three government-owned Oil Marketing Companies.

The Aemetis biodiesel plant in India recently completed the installation and commissioning of a pretreatment plant and related utilities upgrades to convert waste feedstocks into distilled biodiesel to supply the approximately 25 billion gpy diesel market in India.(Source: Aemetis Inc., PR, Canadian Biomass, 13 June, 2019)Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, emcafee@aemetis.com, www.aemetis.com

More Low-Carbon Energy News Aemetis,  Biodiesel,  Aemetis India,  


Aemetis Inks Indian Biodiesel Supply Deal (Ind. Report)
Aemetis
Date: 2019-05-22
Aemetis Universal Biofuels India, a subsidiary of Cupertino, California-headquartered advanced renewable fuel and biochemical specialist Aemetis Inc. , reports it will supply 25 million or more US gpy of distilled biodiesel to an unnamed multi-site mining company with sites in southern and central India .

Shipments have already started, and there are plans to expand the deal to additional mines as it installs on-site storage for biodiesel.

Aemetis owns and operates a 60-million gpy ethanol production facility in California's Central Valley. It also has a 50-million-gpy renewable chemical and advanced fuel production facility on the east coast of India for production of high-quality distilled biodiesel and refined glycerin for US, European and Indian customers. (Source: Aemetis, Mining Magazine, May, 2019) Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, investors@aemetis.com, emcafee@aemetis.com, www.aemetis.com

More Low-Carbon Energy News Aemetis,  Biodiesel,  


Aemetis Scores Indian Mining Co. Biodiesel Contract (Ind. Report)
Aemetis
Date: 2019-05-20
Cupertino, California-headquartered biodiesel producer Aemetis Inc. is reporting its Universal Biofuels India subsidiary was awarded a large ongoing supply contract for distilled biodiesel by a multi-site mining company for use in dump trucks and other heavy diesel equipment at mines in southern and central India. Shipments have already begun to the mining customer under the supply agreement and will be expanded to additional mines as on-site biodiesel storage is installed.

Distilled biodiesel is a lower cost fuel than diesel, reduces particulate emissions by 90 percent and significantly reduces carbon emissions. (Source: Aemetis, PR, 20 May, 2019)Contact: Aemetis, Eric McAfee, CEO (408) 213-0940, emcafee@aemetis.com www.aemetis.com

More Low-Carbon Energy News Aemetis,  Biodiesel,  


Aemetis' Indian Plant Capacity Expansion Completed (Ind. Report)
Aemetis
Date: 2019-01-16
Following up on our 23rd March, 2018 coverage, Cupertino, California-based Aemetis Inc. is reporting its Universal Biofuels subsidiary has completed a two-year upgrade of its biodiesel and glycerin plant in Kakinada, Andhra Pradesh, India.

The work included a pre-treatment unit to process low-cost and low-waste feed stock into oil, the expansion of a boiler, and an environmental systems to enable the production of 50 million gpy of biodiesel and bio-oil while simultaneously operating the biodiesel, pre-treatment and glycerin refining units. At full capacity, the plant is expected to be able to refine approximately 5 million gpy of glycerin.

The Indian Government is seeking to increase domestic biodiesel consumption from the present 1 pct biodiesel blend to 5 pct of the total petroleum diesel consumption. To that end, the government reduced the Goods & Services Tax (GST) on biodiesel from 18 pct to 12 pct to support the industry. (Source: Aemetis, PR, Chemicals Technology, 14 Jan., 2019) Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, investors@aemetis.com, www.aemetis.com

More Low-Carbon Energy News Aemetis,  Biodiesel,  


Aemetis' Indian Biodiesel Expansion Completed (Int'l, Ind. Report)
Aemetis,Universal Biofuels
Date: 2019-01-11
Cupertino, California-headquartered biodiesel producer Aemetis, Inc. is reporting its Universal Biofuels subsidiary has completed a two-year upgrade of its Kakinada, India biodiesel and glycerin plant.

The upgrades included installation of a pre-treatment unit to process lower-cost and waste feedstock into oil; expansion of boiler and other utility capacities; and the implementation of environmental systems to enable full production of 50 million gpy of biodiesel and bio-oil while simultaneously operating the biodiesel, pre-treatment and glycerin refining units. (Source: Aemetis, Inc., PR, 10 Jan., 2019) Contact: Aemetis, Eric McAfee, CEO , Todd Waltz, (408) 213-0940, investors@aemetis.com, www.aemetis.com

More Low-Carbon Energy News Aemetis,  Biodiesel,  Universal Biofuels,  

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