Plant completes successful re-start, begins shipping products to customers
Cupertino, Calif. – May 2, 2013 – Aemetis, Inc. (OTCQB: AMTX), an advanced fuels and renewable chemicals company, announced today that the Aemetis 60 million gallon per year capacity ethanol facility in Keyes, California has restarted production and is now shipping ethanol and distillers grains following its restart last week.
The Keyes plant is using corn as the principal feedstock, with grain sorghum or a feedstock blend to be used later this month to maximize operating income. The company expects to utilize a combination of grain sorghum and biogas to qualify for advanced biofuel renewable identification numbers (RINs) when a favorable spread exists between D5 and D6 RINs.
Forward Looking Statements
The information contained herein includes forward-looking statements related to future events. Statements regarding future events are based on current expectations and are necessarily subject to associated risks related to, among other things, the ability of the company to adopt alternative feedstocks, processes and equipment, as well as the spread between the feedstock we purchase and the fuel and co-products we sell. Actual results may differ materially from those in the projections or other forward-looking statements made herein. For information regarding other related risks, please see the “Risk Factors” section of the company’s filings with the SEC.