Aemetis launches subsidiary Aemetis Health Products » 07:1708/1108/11/20
Aemetis announced the…
Aemetis announced the launch of its new Aemetis Health Products subsidiary which is focused on the production and marketing of blended liquid and gel sanitizers as bulk and packaged products. As a result of the global COVID-19 pandemic, demand for high grade alcohol for sanitizer production increased significantly in early 2020. Aemetis Health Products will blend gel and liquid sanitizer for delivery in bulk as well as packaged form to customers. Aemetis is currently constructing plant upgrades of control systems and processing equipment that will enable the production of US Pharmacopeia medical grade alcohol at the Aemetis plant near Modesto, California.
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Aemetis begins deliveries of carbon dioxide under supply agreement » 07:4305/0105/01/20
Aemetis announced that it…
Aemetis announced that it has commenced deliveries under a long-term agreement with Messer to supply carbon dioxide to a newly-constructed CO2 plant located adjacent to the Aemetis ethanol plant. This week, the Aemetis 65 million gallon per year ethanol plant began supplying CO2 to Messer for processing into liquid CO2 - a key product in the food freezing and chilling, carbonated beverage, and electronics sectors. Due to the ongoing COVID-19 pandemic, the supply of liquid CO2 has been significantly disrupted in California and throughout the United States as ethanol production plants have decreased production rates. The Messer plant will serve existing and new customers in Northern California and surrounding states via truck and rail. Aemetis anticipates selling Messer approximately 450 tons of CO2 daily from the company's ethanol fermentation process. Messer will then purify and convert the supplied CO2 into liquid form, which it sells to a variety of customers.
Aemetis begins shipping high purity alcohol for hand sanitizer » 07:3303/2003/20/20
Aemetis announced today…
Aemetis announced today its 65M gallon per year ethanol plant near Modesto, California has begun shipments of 200 proof alcohol for use in the production of hand sanitizer. In response to the Coronavirus Disease 2019 pandemic, the Alcohol and Tobacco Tax and Trade Bureau, TTB, created exemptions allowing certain alcohol fuel permit holders to sell ethanol (alcohol) for use in the production of hand sanitizers. With this federal government waiver, Aemetis is now supplying hand sanitizer producers with alcohol to address the significant shortage created by the worldwide spread of Coronavirus or COVID-19. "Aemetis is moving quickly to help address the significant demand for hand sanitizer products in light of the COVID-19 pandemic during this time of national emergency," said Andy Foster, President of Aemetis Advanced Fuels Keyes. "As the WHO and CDC strongly recommend the use of hand sanitizer products to help prevent the spread of Coronavirus, Aemetis is utilizing our ethanol production capability to address the current shortage of hand sanitizer by increasing the supply of high-proof alcohol used in the manufacturing of sanitizer products," said Foster.
Aemetis awarded $4.1M grant for biogas upgrading unit » 09:0701/2901/29/20
Aemetis announced that…
Aemetis announced that the California Energy Commission awarded the company's subsidiary, Aemetis Biogas, a $4.1M grant under the CEC's Low Carbon Fuel Production Program to construct a biogas upgrading facility. The biogas upgrading facility will convert dairy biogas to renewable natural gas ("RNG") as a final processing step after biogas is delivered via pipeline from anaerobic digesters that Aemetis Biogas is building at dairies throughout Stanislaus and Merced Counties. Aemetis Biogas is currently developing more than a dozen anaerobic digesters at local dairies, with plans for future expansion to several dozen dairies. The Aemetis Central Dairy Digester and Pipeline Project is designed to capture methane gas currently emitted from dairy manure lagoons, pre-treat the biogas at each dairy to remove harmful components, then transport the methane via pipeline from each dairy to a biogas upgrading facility at the Aemetis Keyes ethanol plant. After the biogas is upgraded to utility pipeline quality RNG, the RNG will be utilized at the Keyes ethanol plant to replace carbon-intensive petroleum natural gas currently used to generate steam and power at the plant, or will be injected into PG&E's gas pipeline to be utilized as transportation fuel by trucking companies and bus fleets. Due to the volume of truck traffic at the Keyes plant for biofuel and dairy feed deliveries, Aemetis also expects to supply local trucking fleets through an onsite renewable compressed natural gas dispenser. Aemetis expects to complete construction and begin operation of its first two dairy digesters, the onsite dairy biogas pre-treatment units, a 4-mile Aemetis pipeline and a new biogas boiler at the Keyes plant in Q2 2020. Aemetis has been awarded a total of approximately $18M of CEC grants this month to support the company's Aemetis Central Dairy Digester and Pipeline Project, and for carbon reduction energy efficiency upgrades to the Keyes Plant.
Aemetis awarded $14M in energy efficiency grants » 10:2601/2801/28/20
Aemetis announced that…
Aemetis announced that its subsidiary Aemetis Advanced Fuels Keyes has received from the California Energy Commission two grants for a combined total of $14M to implement upgrades that would reduce natural gas use, lower greenhouse gas emissions, decrease operating costs, and reduce the carbon intensity of fuel grade ethanol produced at the Keyes plant. The cost reduction and revenues increase associated with the upgrades are expected to improve the operating cash flow of the Keyes plant by $13M each year.
Week in Review: How Trump's policies moved stocks » 08:0510/0510/05/19
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EPA, USDA announce agreement on promoting biofuels » 10:3910/0410/04/19
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U.S. Environmental Protection Agency Administrator Andrew Wheeler and U.S. Department of Agriculture Secretary Sonny Perdue issued the following statements after President Donald Trump successfully negotiated an agreement on the Renewable Fuel Standard. "President Trump's leadership has led to an agreement that continues to promote domestic ethanol and biodiesel production, supporting our Nation's farmers and providing greater energy security," said EPA Administrator Andrew Wheeler. "Today's agreement is the latest in a series of steps we have taken to expand domestic energy production and improve the RFS program that will result in sustained biofuel production to help American farmers." "President Trump has once again demonstrated that he is a champion for our nation's farmers and rural America," said USDA Secretary Sonny Perdue. "The President recognizes that American farmers are the most productive in the world, and he has found a way to pursue policy that promotes economic growth and supports our producers. Building on the success of the year-round E15 rule, this forward-looking agreement makes improvements to the RFS program that will better harness the production of our farmers and ensure America remains energy dominant." Under this agreement, the following actions will be undertaken by EPA and USDA: In a forthcoming supplemental notice building off the recently proposed 2020 Renewable Volume Standards and the Biomass-Based Diesel Volume for 2021, EPA will propose and request public comment on expanding biofuel requirements beginning in 2020. EPA will seek comment on actions to ensure that more than 15 billion gallons of conventional ethanol be blended into the nation's fuel supply beginning in 2020, and that the volume obligation for biomass-based diesel is met. This will include accounting for relief expected to be provided for small refineries. EPA intends to take final action on this front later this year. In the most recent compliance year, EPA granted 31 small refinery exemptions. Building on the President's earlier decision to allow year-round sales of E15, EPA will initiate a rulemaking process to streamline labeling and remove other barriers to the sale of E15. EPA will continue to evaluate options for RIN market transparency and reform. USDA will seek opportunities through the budget process to consider infrastructure projects to facilitate higher biofuel blends. The Administration will continue to work to address ethanol and biodiesel trade issues. Companies that may be impacted include Archer Daniels (ADM), Aemetis (AMTX), Gevo (GEVO), Green Plains (GPRE) Green Plains Partners (GPP) and Pacific Ethanol (PEIX).
White House to likely announce biofuel pact details Friday, Reuters says » 14:3110/0310/03/19
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The White House is…
The White House is expected to announce by Friday more information on a U.S. biofuels policy deal to help farmers frustrated about waivers granted to refiners exempting them from using corn-based ethanol and other biofuels, Reuters' Stephanie Kelly and Humeyra Pamuk report, citing four sources familiar with the matter. The Trump administration has held weeks of talks with farm- and oil-state senators and executives at oil refiners and officials at biofuels producers, the authors note. Three sources told Reuters that the plan would be unveiled on Friday at 9:00 am ET. Companies that may be impacted include Archer Daniels (ADM), Aemetis (AMTX), Gevo (GEVO), Green Plains (GPRE) Green Plains Partners (GPP) and Pacific Ethanol (PEIX). Reference Link
Aemetis India plant delivers over 20M liters of biodiesel in 2019 » 07:4510/0210/02/19
Aemetis announced that…
Aemetis announced that its Universal Biofuels India subsidiary set a new production record by delivering more than 20M liters of biodiesel to the three India government-owned Oil Marketing Companies under a supply contract issued to Aemetis in early 2019. The OMC contract provides for ongoing deliveries of biodiesel to a variety of blending locations in an aggregate amount of more than $23M during 2019 for total shipments of 31M liters. Biodiesel shipments to OMC's began in May 2019 and are scheduled to continue into Q4 2019.
Week in Review: How Trump's policies moved stocks » 08:0609/1409/14/19
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