May 18, 2018

Aemetis Provides Update of Cellulosic Ethanol Project

“Aemetis Inc. recently released first quarter 2018 financial results, reporting increased revenue and providing an update on the development of its cellulosic ethanol plant that is under development in California.

“During an investor call, Eric McAfee, CEO of Aemetis, said that the company completed several milestones related to the funding and construction of its proposed 12 MMgy cellulosic ethanol plant in Riverbank, California. He said the company previously signed a 20-year supply contract for orchard wood that will supply the approximately 140,000 tons of feedstock to the facility. During the first quarter, he said the company completed key environmental review and permitting milestones for the plant, as well as preliminary engineering design. ”

– Erin Voegele, Ethanol Producer Magazine

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