Aemetis India Begins Biodiesel Shipments to Oil Marketing Companies under $31 Million Allocation For the Next Three Months
Aemetis (NASDAQ: AMTX) announced that its Indian subsidiary, Universal Biofuels, has begun shipping biodiesel to fulfill orders worth $31 million from government-owned Oil Marketing Companies (OMCs). The orders cover 33,000 kiloliters for delivery during May-July 2025.
The shipments support India's goal of increasing biodiesel blend from 1% to 5%, representing a potential market of 1.2 billion gallons. Universal Biofuels completed $112 million in biodiesel and glycerin shipments in the twelve months ended September 2024. The company recently expanded its annual production capacity from 60 million to 80 million gallons and plans further expansion and diversification into biogas production.
Universal Biofuels, one of India's largest biodiesel producers, is preparing for a planned Initial Public Offering (IPO), subject to favorable market conditions.
Aemetis (NASDAQ: AMTX) ha annunciato che la sua filiale indiana, Universal Biofuels, ha iniziato a spedire biodiesel per evadere ordini del valore di 31 milioni di dollari da parte delle compagnie petrolifere statali (OMCs). Gli ordini riguardano 33.000 kilolitri con consegne previste tra maggio e luglio 2025.
Le spedizioni supportano l'obiettivo dell'India di aumentare la miscela di biodiesel dall'1% al 5%, rappresentando un mercato potenziale di 1,2 miliardi di galloni. Universal Biofuels ha completato spedizioni per un valore di 112 milioni di dollari in biodiesel e glicerina nei dodici mesi conclusi a settembre 2024. Recentemente, l'azienda ha ampliato la capacità produttiva annua da 60 a 80 milioni di galloni e prevede ulteriori espansioni e diversificazioni nella produzione di biogas.
Universal Biofuels, uno dei maggiori produttori di biodiesel in India, si sta preparando per un'offerta pubblica iniziale (IPO), subordinata a condizioni di mercato favorevoli.
Aemetis (NASDAQ: AMTX) anunció que su filial india, Universal Biofuels, ha comenzado a enviar biodiésel para cumplir con pedidos por un valor de 31 millones de dólares de compañías petroleras estatales (OMCs). Los pedidos cubren 33,000 kilolitros con entregas previstas entre mayo y julio de 2025.
Los envíos apoyan la meta de India de aumentar la mezcla de biodiésel del 1% al 5%, representando un mercado potencial de 1.2 mil millones de galones. Universal Biofuels completó envíos por 112 millones de dólares en biodiésel y glicerina en los doce meses finalizados en septiembre de 2024. Recientemente, la empresa amplió su capacidad anual de producción de 60 a 80 millones de galones y planea una mayor expansión y diversificación hacia la producción de biogás.
Universal Biofuels, uno de los mayores productores de biodiésel en India, se está preparando para una oferta pública inicial (IPO), sujeta a condiciones favorables del mercado.
Aemetis (NASDAQ: AMTX)는 인도 자회사인 Universal Biofuels가 정부 소유 석유 마케팅 회사(OMCs)로부터 3,100만 달러 규모의 주문을 이행하기 위해 바이오디젤 배송을 시작했다고 발표했습니다. 해당 주문은 2025년 5월부터 7월까지 배송될 33,000킬로리터에 해당합니다.
이번 배송은 인도가 바이오디젤 혼합 비율을 1%에서 5%로 높이려는 목표를 지원하며, 이는 약 12억 갤런의 잠재 시장을 의미합니다. Universal Biofuels는 2024년 9월까지 지난 12개월 동안 바이오디젤과 글리세린 배송으로 1억 1,200만 달러를 달성했습니다. 최근 연간 생산 능력을 6,000만 갤런에서 8,000만 갤런으로 확장했으며, 바이오가스 생산으로의 추가 확장과 다각화를 계획하고 있습니다.
인도 최대 바이오디젤 생산업체 중 하나인 Universal Biofuels는 시장 상황이 우호적일 경우 예정된 기업 공개(IPO)를 준비 중입니다.
Aemetis (NASDAQ : AMTX) a annoncé que sa filiale indienne, Universal Biofuels, a commencé à expédier du biodiesel pour honorer des commandes d'une valeur de 31 millions de dollars provenant de compagnies pétrolières publiques (OMCs). Les commandes concernent 33 000 kilolitres à livrer entre mai et juillet 2025.
Ces expéditions soutiennent l'objectif de l'Inde d'augmenter la part de biodiesel dans le mélange de 1 % à 5 %, représentant un marché potentiel de 1,2 milliard de gallons. Universal Biofuels a réalisé des expéditions de biodiesel et de glycérine d'une valeur de 112 millions de dollars au cours des douze mois se terminant en septembre 2024. L'entreprise a récemment augmenté sa capacité de production annuelle de 60 à 80 millions de gallons et prévoit une expansion supplémentaire ainsi qu'une diversification vers la production de biogaz.
Universal Biofuels, l'un des plus grands producteurs de biodiesel en Inde, se prépare à une introduction en bourse (IPO) prévue, sous réserve de conditions de marché favorables.
Aemetis (NASDAQ: AMTX) gab bekannt, dass seine indische Tochtergesellschaft Universal Biofuels mit dem Versand von Biodiesel begonnen hat, um Aufträge im Wert von 31 Millionen US-Dollar von staatlichen Ölmarketingunternehmen (OMCs) zu erfüllen. Die Aufträge umfassen 33.000 Kiloliter mit Lieferungen im Zeitraum Mai bis Juli 2025.
Die Lieferungen unterstützen Indiens Ziel, den Biodieselanteil von 1 % auf 5 % zu erhöhen, was einen potenziellen Markt von 1,2 Milliarden Gallonen darstellt. Universal Biofuels hat in den zwölf Monaten bis September 2024 Biodiesel- und Glycerinlieferungen im Wert von 112 Millionen US-Dollar abgeschlossen. Das Unternehmen hat kürzlich seine jährliche Produktionskapazität von 60 auf 80 Millionen Gallonen erweitert und plant weitere Expansionen sowie eine Diversifizierung in die Biogasproduktion.
Universal Biofuels, einer der größten Biodieselproduzenten Indiens, bereitet sich auf einen geplanten Börsengang (IPO) vor, vorbehaltlich günstiger Marktbedingungen.
- Secured new orders worth $31 million for May-July 2025 deliveries
- Completed $112 million in biodiesel shipments in 12 months ending September 2024
- Increased production capacity from 60 million to 80 million gallons annually
- Operating under cost-plus contracts with government-owned companies
- Planned expansion into biogas production and new locations
- IPO plans dependent on favorable market conditions
- Currently operating at less than 1% biodiesel blend market penetration
Insights
Aemetis secured $31M in biodiesel orders from Indian government, aligning with regulatory push toward increased biofuel blending.
Aemetis has secured
The company reports they've already made the necessary capital investments to quickly increase production volumes, allowing them to begin shipments immediately from existing inventory. This strategic positioning enables them to fulfill the new orders without additional major capital expenditures. Their recent capacity expansion from 60 million to 80 million gallons annually demonstrates their operational readiness to meet increasing demand.
Of particular interest is the planned Initial Public Offering (IPO) for the India business unit, though this remains contingent on favorable market conditions with no specific timeline provided. This potential corporate action signals management's confidence in the growth trajectory of their Indian operations and could eventually provide a mechanism for unlocking shareholder value by separately valuing this business segment.
The financial context of these orders is framed by India's regulatory shift from a
India's shift to 5% biodiesel blending creates massive market opportunity; Aemetis expands capacity and improves production processes to capitalize.
The Indian government's policy shift toward increased biofuel adoption represents a transformative market opportunity. The planned increase from
Aemetis has strategically positioned itself for this opportunity through recent plant upgrades that included implementation of a proprietary process utilizing waste and byproducts. This technological approach delivers dual benefits - lower carbon intensity biofuels and reduced production costs - though specific efficiency metrics aren't quantified in the announcement. In the increasingly competitive biofuels sector, these process improvements represent important operational advantages.
With 17 years of operational experience in India, Aemetis has built valuable market knowledge and established relationships with government buyers. Their expanded production capacity - now at 80 million gallons annually, up from 60 million previously - represents meaningful production capability, though still just a fraction of the potential 1.2 billion gallon market that a
The company's mention of further biodiesel expansion to new locations and diversification into biogas production indicates a comprehensive growth strategy aligned with India's broader biofuels transition. Their established position as one of India's largest biodiesel producers provides a foundation for capturing market share as the regulatory environment continues to favor renewable fuels. The biodiesel shipments beginning today mark the practical implementation of India's biofuel policies, demonstrating real market development beyond policy announcements.
CUPERTINO, Calif., April 24, 2025 (GLOBE NEWSWIRE) -- Aemetis, Inc. (NASDAQ: AMTX), a diversified global renewable natural gas and biofuels company, announced the Company’s subsidiary in India, Universal Biofuels, today began shipments to fulfill multiple orders for more than 33,000 kiloliters of biodiesel from the government-owned Oil Marketing Companies (OMCs) for an aggregate of
Additional OMC orders are expected throughout the year to continue shipments to fuel blending terminals on an ongoing basis to support the India government goal of increasing from a
“We are pleased with the expanded commitment to biofuels that is being shown by the India government, including the achievement of a
Recently, India has stated plans for further growth in the use of biofuels, expanding revenues for farmers while reducing the importation of petroleum gasoline into India. India’s strong commitment to expanding biofuels markets supports the Aemetis India business plan for further expansion and a planned Initial Public Offering (IPO), subject to continued favorable stock market conditions.
Universal Biofuels completed
Aemetis’ Universal Biofuels subsidiary is one of the largest biodiesel producers in India, having been in operation for more than 17 years. Universal Biofuels increased its annual biodiesel production capacity from 60 million gallons to 80 million gallons in the past year, with further biodiesel expansion to other locations and diversification into biogas production planned during the next twelve months.
About Aemetis
Headquartered in Cupertino, California, Aemetis is a renewable natural gas and biofuels company focused on the operation, acquisition, development, and commercialization of innovative technologies that support energy independence and security. Founded in 2006, Aemetis operates and is expanding a California biogas digester network and pipeline system to convert dairy waste into renewable natural gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that also supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year biofuels facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin. Aemetis is developing a sustainable aviation fuel and renewable diesel biorefinery and a carbon sequestration project in California. For additional information about Aemetis, please visit www.aemetis.com.
Safe Harbor Statement
This news release contains forward-looking statements, including statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements include, without limitation, projections of financial results; IPO plans; statements related to the development, engineering, financing, construction, timing, and operation of biodiesel, biogas, sustainable aviation fuel, CO2 sequestration, and other facilities; our ability to promote, develop, finance, and construct such facilities; and statements about future market prices and results of government actions. Words or phrases such as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “targets,” “view,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to many risks and uncertainties. Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to government policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission, including our Annual Reports on Form 10-K, and in our other filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.
Company Investor Relations
Media Contact:
Todd Waltz
(408) 213-0940
investors@aemetis.com
External Investor Relations
Contact:
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PCG Advisory Group
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ksmith@pcgadvisory.com
FAQ
What is the value of new biodiesel orders received by Aemetis (AMTX) for May-July 2025?
How much did Aemetis' Universal Biofuels increase its production capacity in India?
What was Universal Biofuels' revenue from biodiesel and glycerin shipments in the year ending September 2024?
What is India's target for biodiesel blend percentage according to the Aemetis announcement?
What are Aemetis' expansion plans for its Indian operations?
