January 7, 2014
Aemetis CEO Eric McAfee Selected for Top 100 BioEconomy People Worldwide by Biofuels Digest
Biofuels Digest names Top 100 people for 2013-2014
CUPERTINO, Calif. – January 7, 2014 – Aemetis, Inc. (OTCQB: AMTX), an advanced fuels and renewable chemicals company, announced today that its Chairman and CEO, Eric McAfee, was listed by Biofuels Digest as one of the Top 100 People in the BioEconomy worldwide for 2013-2014.
The Top 100 list is selected by the readers and editors of Biofuels Digest. The list also includes U.S. Secretary of Agriculture Tom Vilsack, U.S. Secretary of the Navy Ray Mabus, Solazyme CEO Jonathan Wolfson, POET Chairman Jeff Broin and Renewable Fuels Association chief Bob Dinneen.
The list of the Top 100 People in the BioEconomy, along with an additional 300 leaders who received votes, reflects the highest number of countries represented since the poll debuted. Biofuels Digest editor and publisher Jim Lane explained, “Overall, leaders from organizations based in 15 different countries were recognized in the poll.”
As a Silicon Valley entrepreneur and venture capitalist with a lifelong commitment to agriculture and renewable energy, Eric McAfee has founded or co-founded seven public companies in energy and high technology, including Evolution Petroleum (NYSE: EPM); Procera Networks (Nasdaq: PKT), and Pacific Ethanol (Nasdaq: PEIX).
Mr. McAfee founded Aemetis in 2006 to focus on the development and commercialization of innovative technologies that replace traditional petroleum-based products. Aemetis has grown to $189 million annual revenues (2012), 120 employees, and healthy positive operating cash flow as a publicly-held advanced fuels and renewable chemicals company. Aemetis produces biodiesel and refined glycerin in India at a 50 million gallon per year capacity plant for customers in Europe and Asia. In California, Aemetis produces more than 60 million gallons of ethanol per year for the 1.3 billion gallon California biofuels market. In mid-2013, the Aemetis plant became the first EPA-approved advanced biofuels production facility for the milo/biogas/CHP pathway.
About Aemetis
Headquartered in Cupertino, California, Aemetis is an advanced fuels and renewable chemicals company that was founded in 2006. Aemetis owns and operates a 60 million gallon ethanol and 420,000 ton animal feed plant in California that is the first upgraded facility approved by the EPA to produce D5 Advanced Biofuels using the milo/biogas/CHP pathway. Aemetis also built, owns and operates a 50 million gallon capacity renewable chemicals and advanced fuels production facility on the East Coast of India producing high quality, distilled biodiesel and refined glycerin for customers in Europe and Asia. Aemetis operates a research and development laboratory at the Maryland Biotech Center, and holds five granted patents on its Z-microbe and related technology for the production of renewable fuels and biochemicals. For additional information about Aemetis, please visit www.aemetis.com.
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 adequately protect our technologies, the availability of resources used for industrial production, and the ability of the company to successfully defend or prosecute intellectual property rights. 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.
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