Aemetis to Review 2020 First Quarter Financial Results on May 14, 2020

CUPERTINO, CA – Friday, May 8, 2020 – Aemetis, Inc. (NASDAQ: AMTX) announced that the company will host a conference call to review the release of its first quarter 2020 earnings report:

Date:   Thursday, May 14, 2020

Time:   11 am Pacific Standard Time (PST)

Live Participant Dial In (Toll Free): +1-844-407-9500

Live Participant Dial In (International): +1-862-298-0850

Webcast URL: https://www.webcaster4.com/Webcast/Page/2211/34586

Attendees may submit questions during the Q&A portion of the conference call.

After May 21st, the webcast will be available on the Company’s website (www.aemetis.com) under Investors/Conference Calls. The voice recording will also be available through August 14, 2020 by dialing (Toll Free) 877-481-4010 or (International) 919-882-2331 and entering conference ID number 34586.

 

 

About Aemetis

Headquartered in Cupertino, California, Aemetis is an advanced renewable fuels and biochemicals company focused on the acquisition, development and commercialization of innovative technologies that replace traditional petroleum-based products by the conversion of ethanol and biodiesel plants into advanced biorefineries. Founded in 2006, Aemetis owns and operates a 60 million gallon per year ethanol production facility in California’s Central Valley, near Modesto. Aemetis also owns and operates a 50 million gallon per year renewable chemical and advanced fuel production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin for customers in India, the US and Europe. Aemetis is building a dairy digester, pipeline and gas conditioning system near its plant in California to produce below zero carbon Renewable Natural Gas (RNG). Aemetis operates a research and development laboratory, and holds a portfolio of patents and related technology licenses for the production of renewable fuels and biochemicals. For additional information about Aemetis, please visit www.aemetis.com.

Aemetis Begins Deliveries of Carbon Dioxide under Supply Agreement with new Messer CO2 Plant

Ethanol Plant to Provide About 450 tons of CO2 Daily for use in Food, Beverage and Other Industries; Helps Meet Market Shortage Caused by COVID-19 Crisis

CUPERTINO, CA – May 1, 2020 – Aemetis, Inc. (NASDAQ: AMTX) announced today that it has commenced deliveries under a long-term agreement with Messer to supply carbon dioxide (CO2) to a newly-constructed, state-of-the-art 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.

For the past two years, Aemetis worked closely with Messer on the construction of a new CO2 facility which is connected via pipeline to the Aemetis ethanol production facility. 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 is pleased to be supplying Messer with CO2, especially in this time of critical need,” said Eric McAfee, Chairman and CEO of Aemetis. “It is essential that California’s supply of CO2 remain uninterrupted for the many industries that depend on this important product.”

 

About Aemetis

Headquartered in Cupertino, California, Aemetis is an advanced renewable fuels and biochemicals company focused on the acquisition, development and commercialization of innovative technologies that replace traditional petroleum-based products by the conversion of ethanol and biodiesel plants into advanced biorefineries. Founded in 2006, Aemetis owns and operates a 60 million gallon per year ethanol production facility in California’s Central Valley, near Modesto. Aemetis also owns and operates a 50 million gallon per year renewable chemical and advanced fuel production facility on the East Coast of India producing high quality distilled biodiesel and refined pharma-grade glycerin for customers in India, the US and Europe. Aemetis is building a dairy digester, pipeline and gas conditioning system near its plant in California to produce below zero carbon content Renewable Natural Gas (RNG). Aemetis operates a research and development laboratory, and holds a portfolio of patents and related technology licenses for the production of renewable fuels and biochemicals. For additional information about Aemetis, please visit www.aemetis.com.

 

About Messer

Messer is the largest privately held industrial gas business in the world, and a leading industrial and medical gas company in North and South America. Messer offers over 120 years of expertise in industrial, medical, specialty, and electronic gases and safely delivers quality gases, related services and technology via an extensive production and distribution network. Messer Americas is part of Messer Group, representing a USD 3.5 billion enterprise with presence in the Americas, Europe and Asia. For more information, visit: www.messeramericas.com.

Media Contact: Amy Ficon
Corporate Communications
201-741-1656, Fax 908-771-1460 amy.ficon@messer-us.com

 

Safe Harbor Statement

This news release contains forward-looking statements, including statements regarding our assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements in this news release include, without limitation, statements relating to the production capacity of CO2. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “showing signs,” “targets,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to numerous risks and uncertainties. Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to federal policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K for the year ended December 31, 2020, and in our subsequent filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.

Aemetis Begins Shipping High Purity Alcohol for Hand Sanitizer

Advanced Biofuel Company Helping Meet Sanitizer Demand Due to COVID-19 Pandemic

CUPERTINO, CA – March 20, 2020 – Aemetis, Inc. (NASDAQ: AMTX) announced today its 65 million 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 (COVID-19) 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 (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, Inc.  “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.

 

 

About Aemetis

Headquartered in Cupertino, California, Aemetis is an advanced renewable fuels and biochemicals company focused on the acquisition, development and commercialization of innovative technologies that replace traditional petroleum-based products by the conversion of ethanol and biodiesel plants into advanced biorefineries.  Founded in 2006, Aemetis owns and operates a 60 million gallon per year ethanol production facility in California’s Central Valley, near Modesto.  Aemetis also owns and operates a 50 million gallon per year renewable chemical and advanced fuel production facility on the East Coast of India producing high quality distilled biodiesel and refined pharma-grade glycerin for customers in India, the US and Europe.  Aemetis operates a research and development laboratory, and holds a portfolio of patents and related technology licenses for the production of renewable fuels and biochemicals.  For additional information about Aemetis, please visit www.aemetis.com.

 

 

 

 

Aemetis to Review Fourth Quarter and 2019 Year-End Financial Results on March 12, 2020

CUPERTINO, CA – March 6, 2020 – Aemetis, Inc. (NASDAQ: AMTX) announced that the company will host a conference call to review the release of its fourth quarter and year-end 2019 earnings report:

Date: Thursday, March 12, 2020
Time: 11 am Pacific Standard Time (PST)
Live Participant Dial In (Toll Free): +1-844-602-0380
Live Participant Dial In (International): +1-862-298-0970
Webcast URL: https://www.webcaster4.com/Webcast/Page/2211/33520

Attendees may submit questions during the Q&A portion of the conference call.

After March 12th, the webcast will be available on the Company’s website (www.aemetis.com) under Investors/Conference Calls. The voice recording will also be available through March 19, 2020 by dialing (Toll Free) 877-481-4010 or (International) 919-882-2331 and entering conference ID number 33520.

 

About Aemetis

Headquartered in Cupertino, California, Aemetis is an advanced renewable fuels and biochemicals company focused on the acquisition, development and commercialization of innovative technologies that replace traditional petroleum-based products by the conversion of ethanol and biodiesel plants into advanced biorefineries. Founded in 2006, Aemetis owns and operates a 60 million gallon per year ethanol production facility in California’s Central Valley, near Modesto. Aemetis also owns and operates a 50 million gallon per year renewable chemical and advanced fuel production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin for customers in India, the US and Europe. Aemetis is building a dairy digester, pipeline and gas conditioning system near its plant in California to produce below zero carbon Renewable Natural Gas (RNG). Aemetis operates a research and development laboratory, and holds a portfolio of patents and related technology licenses for the production of renewable fuels and biochemicals. For additional information about Aemetis, please visit www.aemetis.com.

Aemetis Awarded $4.1 million Grant for Biogas Upgrading Unit to Produce Pipeline-Quality Renewable Natural Gas

Upgrading Unit will Convert Dairy Methane Gas into Ultra-Low-Carbon Renewable Natural Gas for Injection into PG&E Pipeline; Company Awarded a total of $18 Million in Grants in January

CUPERTINO, CA – January 29, 2020 – Aemetis, Inc.  (NASDAQ: AMTX) (“Aemetis”) announced today that the California Energy Commission (“CEC”) awarded the company’s subsidiary, Aemetis Biogas LLC (“Aemetis Biogas”), a $4.1 million 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 (“CNG”) 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 plans to utilize the CEC grant to accelerate construction of the biogas upgrading facility, which is the final step to bringing clean, renewable natural gas to the marketplace,” said Eric McAfee, Chairman and CEO of Aemetis, Inc.  “This biogas to RNG project adds revenues to dairies while also avoiding penalties from methane emissions that may otherwise become a new cost burden on dairy owners.  We appreciate the CEC’s strong support for the Aemetis Central Dairy Digester and Pipeline Project, which we believe will have a direct positive impact on the economic and environmental health of California’s Central Valley,” said McAfee.

Aemetis has been awarded a total of approximately $18 million 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.

 

About Aemetis

Headquartered in Cupertino, California, Aemetis is an advanced renewable fuels and biochemicals company focused on the acquisition, development and commercialization of innovative technologies that replace traditional petroleum-based products by the conversion of ethanol and biodiesel plants into advanced biorefineries.  Founded in 2006, Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto.  Aemetis also owns and operates a 50 million gallon per year renewable chemical and advanced fuel production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin for customers in India, the US and Europe.  Aemetis is building a dairy digester and pipeline project to capture and upgrade methane for use in transportation and ethanol production at the Aemetis ethanol plant.  Aemetis operates a research and development laboratory, and holds a portfolio of patents and related technology licenses for the production of renewable fuels and biochemicals.  For additional information about Aemetis, please visit www.aemetis.com.

 

Safe Harbor Statement

This news release contains forward-looking statements, including statements regarding our assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements in this news release include, without limitation, statements relating to the construction and operation of the biogas production facility in Keyes, California, the achievement of certain cost advantages for the construction of the biogas facility, the costs to construct the biogas facility and the ability to access various government programs. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “showing signs,” “targets,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to numerous risks and uncertainties.  Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to federal policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K for the year ended December 31, 2018, and in our subsequent filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.

 

 

Aemetis Awarded $14 Million in Energy Efficiency Grants For Keyes Advanced Biofuel Plant

Planned Upgrades Expected to Reduce Natural Gas Use, Lower Carbon Intensity of Biofuel, and Decrease Operating Costs by $13 Million Per Year

CUPERTINO, CA – January 28, 2020 – Aemetis, Inc. (NASDAQ: AMTX) (“Aemetis”) announced today that its subsidiary Aemetis Advanced Fuels Keyes, Inc. has received from the California Energy Commission two grants for a combined total of $14 million to implement upgrades that would reduce natural gas use, lower greenhouse gas emissions, decrease operating costs, and reduce the carbon intensity (“CI”) 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 $13 million each year.

Aemetis plans to install a 1.56-megawatt photovoltaic micro grid solar array with integrated battery energy storage and an AI-driven power distribution control system, which is expected to significantly reduce the natural gas currently used in generating on-site electricity. In addition, Aemetis plans to upgrade the facility’s evaporation and distillation units with a mechanical vapor recovery system (“MVR”) to further reduce the use of natural gas, lowering CI and increasing expected plant production capacity by approximately 25%.

The new AI-driven distribution control system is expected to improve operational efficiency, assist data collection and analysis, and support employee training. The upgrades are also expected to create new construction and regular full-time jobs at the Keyes plant and the surrounding communities.

Aemetis will also administer a scholarship program that will fund 10 annual scholarships, at $3,000 each, aimed at mentoring local students in STEM related careers.

“Aemetis is implementing technologies that allow the traditional biofuels industry to enter a new era of improved operational efficiency and lower carbon intensity renewable fuel, which we expect will result in a significant reduction of carbon content in renewable energy,” said Eric McAfee, Chairman and CEO of Aemetis, Inc. “When fully implemented at the Keyes plant, these projects are planned to result in a double-digit reduction in the carbon intensity of our ethanol and significantly improve our operating cash flow by more than an estimated $13 million per year, all while lowering greenhouse gas emissions and creating new jobs. We are grateful to the California Energy Commission for their support and confidence, and we look forward to implementing these upgrade projects,” added McAfee.

 

About Aemetis

Headquartered in Cupertino, California, Aemetis is an advanced renewable fuels and biochemicals company focused on the acquisition, development and commercialization of innovative technologies that replace traditional petroleum-based products by the conversion of ethanol and biodiesel plants into advanced biorefineries.  Founded in 2006, Aemetis owns and operates a 60 million gallon per year ethanol production facility in California’s Central Valley, near Modesto.  Aemetis also owns and operates a 50 million gallon per year renewable chemical and advanced fuel production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin for customers in India, the US and Europe. Aemetis operates a research and development laboratory, and holds a portfolio of patents and related technology licenses for the production of renewable fuels and biochemicals.  For additional information about Aemetis, please visit www.aemetis.com

 

Safe Harbor Statement

This news release contains forward-looking statements, including statements regarding our assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements in this news release include, without limitation, statements relating to the construction and operation of the fuel and feed production facility in Keyes, California, the plans to implement certain technological upgrades, and the ability to access various government programs. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “showing signs,” “targets,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to numerous risks and uncertainties.  Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to federal policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K for the year ended December 31, 2018, and in our subsequent filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.

Aemetis to Review Third Quarter Results on November 14, 2019

CUPERTINO, CA – Friday, November 8, 2019 – Aemetis, Inc. (NASDAQ: AMTX) announced that the company will host a conference call to review the release of its third quarter earnings report:

Date: Thursday, November 14, 2019
Time: 11 am Pacific Standard Time (PST)
Live Participant Dial In (Toll Free): +1-844-407-9500
Live Participant Dial In (International): +1-862-298-0850
Webcast URL: https://www.investornetwork.com/event/presentation/56804

Attendees may submit questions during the Q&A portion of the conference call.

After November 14th, the webcast will be available on the Company’s website (www.aemetis.com) under Investors/Conference Calls. The voice recording will also be available through November 21, 2019 by dialing (Toll Free) 877-481-4010 or (International) 919-882-2331 and entering conference ID number 56804.

 

About Aemetis

Headquartered in Cupertino, California, Aemetis is an advanced renewable fuels and biochemicals company focused on the acquisition, development and commercialization of innovative technologies that replace traditional petroleum-based products by the conversion of ethanol and biodiesel plants into advanced biorefineries.  Founded in 2006, Aemetis owns and operates a 60 million gallon per year ethanol production facility in California’s Central Valley, near Modesto.  Aemetis also owns and operates a 50 million gallon per year renewable chemical and advanced fuel production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin for customers in India, the US and Europe.  Aemetis is building a dairy digester, pipeline and gas conditioning system near its plant in California to produce below zero carbon content Renewable Natural Gas (RNG).  Aemetis operates a research and development laboratory, and holds a portfolio of patents and related technology licenses for the production of renewable fuels and biochemicals.  For additional information about Aemetis, please visit www.aemetis.com.