Aemetis technologies from ARA and Chevron Lummus Global named as winner
CUPERTINO, Calif. – December 31, 2012 – Aemetis, Inc. (OTCPK: AMTX), an advanced fuels and renewable chemicals company, announced today that ARA and Chevron Lummus Global, Aemetis technology providers in a 100% drop-in aviation biofuels technology program, were named the 2012 Best New Fuel Award by Biofuels Digest. Below is the text of the Biofuels Digest article.
Biofuels Digest’s 2012 Best New Fuel Award: ARA, Chevron Lummus Global, 100% drop-in aviation biofuel
Jim Lane | December 31, 2012
Aviation biofuels is, without a doubt, one area in which just about everyone agrees that biofuels have a strong future, if the economics are there and the product is a drop-in fuel. Well, nothing is more of a drop-in than a 100% drop-in, but to this point, a shortage of aromatics in renewable aviation fuels have restricted biofuel blends to 50/50 with fossil fuel. That cuts out, potentially, 30 billion gallons of global demand – and is there ever demand.
Along comes, via a partnership between ARA and Chevron Lummus Global, a technology that produces for the first time, a 100% drop-in fuel. Flight testing is now underway – a key step towards certification. Agrisoma (producing the underlying carinata feedstock) and Aemetis (as a production site for the fuels) are in the partnership mix too.