Aemetis India Plant Restarts Biodiesel Production with Government Approval
TL;DR
Aemetis, Inc. received approval to restart production of biodiesel and refined glycerin in India, enabling the company to fulfill allocations and expand capacity.
The Aemetis plant in India received approval from the local Pollution Control Board to restart production after conducting a review of local air quality.
Aemetis' expansion of production capacity supports the need for more biodiesel production in India, addressing the government's requirement for increased biodiesel capacity.
Aemetis, a renewable fuels company, is well positioned to meet the growth in biodiesel demand and lead a planned IPO to expand biodiesel production capacity.
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Aemetis, a renewable fuels company, has secured approval from the local Pollution Control Board to restart its biodiesel production facility in Kakinada, Andhra Pradesh. The plant, operated by subsidiary Universal Biofuels, can now resume producing biodiesel and refined glycerin after a temporary maintenance pause.
The restart is strategically significant for India's renewable energy landscape. With a 25 billion gallon annual petroleum diesel market that contributes substantially to air pollution, the country's National Biofuels Policy aims to increase biodiesel blending from the current 1% to 5%. Aemetis is well-positioned to support this environmental initiative.
Universal Biofuels has already received $58 million in allocations for 2025 delivery from government-owned oil marketing companies, with shipments expected to begin in March. The company's 80 million gallon per year production capacity aligns with India's need for approximately 1 billion gallons of new biodiesel production.
The company's growth strategy includes a potential future expansion to over 200 million gallons annually, contingent on securing renewable oil feedstocks. This may involve new policies supporting imported agricultural products, including soybeans from the United States, which could further enhance production capabilities.
By focusing on renewable fuel production, Aemetis is not only supporting India's environmental goals but also creating new markets for agricultural and waste products while reducing greenhouse gas emissions.
Curated from NewMediaWire
