Aemetis India Plant Visited by U.S. Consul General
Aemetis (NASDAQ: AMTX) announced that U.S. Consul General Jennifer Larson visited their subsidiary Universal Biofuels facility in Kakinada, India. The plant, which recently increased its annual biodiesel production capacity from 60 to 80 million gallons, is one of India's largest biodiesel producers.
The visit focused on understanding India's biofuels policies and their impact on renewable fuels production. India aims to increase biodiesel blend from 1% to 5% as part of its National Policy on Biofuels. Universal Biofuels completed $112 million in biodiesel and glycerin shipments in the twelve months ended September 2024.
The company is preparing for an IPO in India, targeted for late 2025 or first half of 2026, subject to market conditions. Universal Biofuels plans further biodiesel expansion to other locations and diversification into biogas production in the next twelve months.
Aemetis (NASDAQ: AMTX) ha annunciato che la Console Generale degli Stati Uniti, Jennifer Larson, ha visitato la struttura della loro controllata Universal Biofuels a Kakinada, India. L'impianto, che ha recentemente aumentato la capacità annua di produzione di biodiesel da 60 a 80 milioni di galloni, è uno dei maggiori produttori di biodiesel in India.
La visita si è concentrata sulla comprensione delle politiche indiane sui biocarburanti e sul loro impatto sulla produzione di carburanti rinnovabili. L'India punta ad aumentare la miscela di biodiesel dall'1% al 5% nell'ambito della sua Politica Nazionale sui Biocarburanti. Universal Biofuels ha completato spedizioni di biodiesel e glicerina per un valore di 112 milioni di dollari nei dodici mesi terminati a settembre 2024.
L'azienda si sta preparando per un'IPO in India, prevista per la fine del 2025 o la prima metà del 2026, a seconda delle condizioni di mercato. Universal Biofuels prevede ulteriori espansioni nella produzione di biodiesel in altre sedi e la diversificazione nella produzione di biogas nei prossimi dodici mesi.
Aemetis (NASDAQ: AMTX) anunció que la Cónsul General de Estados Unidos, Jennifer Larson, visitó la planta de su subsidiaria Universal Biofuels en Kakinada, India. La planta, que recientemente aumentó su capacidad anual de producción de biodiésel de 60 a 80 millones de galones, es una de las mayores productoras de biodiésel en India.
La visita se centró en comprender las políticas de biocombustibles de India y su impacto en la producción de combustibles renovables. India tiene como objetivo aumentar la mezcla de biodiésel del 1% al 5% como parte de su Política Nacional de Biocombustibles. Universal Biofuels completó envíos de biodiésel y glicerina por valor de 112 millones de dólares en los doce meses que terminaron en septiembre de 2024.
La compañía se está preparando para una oferta pública inicial (IPO) en India, prevista para finales de 2025 o la primera mitad de 2026, según las condiciones del mercado. Universal Biofuels planea expandir aún más la producción de biodiésel a otras ubicaciones y diversificarse en la producción de biogás en los próximos doce meses.
Aemetis (NASDAQ: AMTX)는 미국 총영사 제니퍼 라슨이 인도 카키나다에 위치한 자회사 Universal Biofuels 시설을 방문했다고 발표했습니다. 이 공장은 최근 연간 바이오디젤 생산능력을 6천만 갤런에서 8천만 갤런으로 늘렸으며, 인도에서 가장 큰 바이오디젤 생산업체 중 하나입니다.
이번 방문은 인도의 바이오연료 정책과 재생 연료 생산에 미치는 영향을 이해하는 데 중점을 두었습니다. 인도는 국가 바이오연료 정책의 일환으로 바이오디젤 혼합 비율을 1%에서 5%로 높이는 것을 목표로 하고 있습니다. Universal Biofuels는 2024년 9월까지 12개월 동안 1억 1,200만 달러 상당의 바이오디젤 및 글리세린을 출하했습니다.
회사는 시장 상황에 따라 2025년 말 또는 2026년 상반기에 인도에서 IPO를 준비 중입니다. Universal Biofuels는 향후 12개월 내에 다른 지역으로 바이오디젤 생산을 확장하고 바이오가스 생산으로 다각화를 계획하고 있습니다.
Aemetis (NASDAQ : AMTX) a annoncé que la Consule générale des États-Unis, Jennifer Larson, a visité l'usine de leur filiale Universal Biofuels à Kakinada, en Inde. L'usine, qui a récemment augmenté sa capacité annuelle de production de biodiesel de 60 à 80 millions de gallons, est l'un des plus grands producteurs de biodiesel en Inde.
La visite s'est concentrée sur la compréhension des politiques indiennes en matière de biocarburants et de leur impact sur la production de carburants renouvelables. L'Inde vise à augmenter la proportion de biodiesel dans le mélange de 1 % à 5 % dans le cadre de sa politique nationale sur les biocarburants. Universal Biofuels a réalisé pour 112 millions de dollars d'expéditions de biodiesel et de glycérine au cours des douze mois se terminant en septembre 2024.
L'entreprise prépare une introduction en bourse (IPO) en Inde, prévue pour la fin 2025 ou le premier semestre 2026, en fonction des conditions du marché. Universal Biofuels prévoit d'étendre davantage sa production de biodiesel à d'autres sites et de se diversifier dans la production de biogaz au cours des douze prochains mois.
Aemetis (NASDAQ: AMTX) gab bekannt, dass die US-Generalkonsulin Jennifer Larson die Anlage ihrer Tochtergesellschaft Universal Biofuels in Kakinada, Indien, besuchte. Die Anlage hat kürzlich ihre jährliche Biodieselproduktionskapazität von 60 auf 80 Millionen Gallonen erhöht und gehört zu den größten Biodieselproduzenten Indiens.
Der Besuch konzentrierte sich darauf, Indiens Biokraftstoffpolitik und deren Auswirkungen auf die Produktion erneuerbarer Kraftstoffe zu verstehen. Indien plant, den Biodieselanteil von 1 % auf 5 % im Rahmen seiner Nationalen Biokraftstoffpolitik zu erhöhen. Universal Biofuels hat im Zwölfmonatszeitraum bis September 2024 Biodiesel- und Glycerinlieferungen im Wert von 112 Millionen US-Dollar abgeschlossen.
Das Unternehmen bereitet einen Börsengang (IPO) in Indien vor, der je nach Marktbedingungen Ende 2025 oder im ersten Halbjahr 2026 stattfinden soll. Universal Biofuels plant in den nächsten zwölf Monaten eine weitere Expansion der Biodieselproduktion an anderen Standorten sowie eine Diversifizierung in die Biogasproduktion.
- Increased production capacity from 60M to 80M gallons annually
- $112M in biodiesel and glycerin shipments completed in 12 months ending Sept 2024
- Planned IPO of Indian subsidiary could unlock shareholder value
- Secured cost-plus contracts with government-owned oil marketing companies
- IPO timing dependent on market conditions, creating uncertainty
- Heavy reliance on government policies and contracts for growth
Insights
Aemetis India subsidiary expanding biodiesel capacity, planning IPO for late 2025/2026, supported by government policies that could increase market opportunities.
The visit by U.S. Consul General Jennifer Larson to Aemetis' Indian biodiesel operation highlights growing diplomatic interest in biofuel production in India. The Universal Biofuels subsidiary operates an 80 million gallon per year biodiesel facility in Kakinada, recently expanded from 60 million gallons - a
This expansion aligns strategically with India's National Policy on Biofuels, which targets increasing biodiesel blending from
The company's diversification plans include expansion to additional locations and entry into biogas production within the next twelve months. This vertical integration strategy leverages both their existing distribution infrastructure and India's regulatory push toward renewable fuels.
Universal Biofuels' relationship with government-owned oil marketing companies under cost-plus contracts (which provide margin stability by allowing price adjustments based on input costs) demonstrates established channels to market. The article indicates new contract deliveries are expected to begin this month, suggesting continuity in these government relationships.
Universal Biofuels generated $112M in shipments through September 2024, with plans for expansion and an India IPO potential value-creation catalyst.
Universal Biofuels, Aemetis' Indian subsidiary, completed
The planned IPO in India, targeted for late 2025 or first half of 2026 (subject to market conditions), represents a potential value-creation mechanism. This corporate action, while not imminent, could provide capital for the expansion initiatives mentioned while potentially creating a separate valuation benchmark for this business unit.
The
The continuity of government contracts with the three state-owned oil marketing companies provides revenue visibility in the near term. These relationships, operating under cost-plus contracts, offer some margin stability despite potential volatility in feedstock prices.
While the parent company Aemetis currently has a market capitalization of approximately
CUPERTINO, Calif., April 23, 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, has been working with the U.S. government to support the success of American interests in India. Aemetis owns and operates an 80 million gallon per year biodiesel production facility in Kakinada, Andhra Pradesh. The U.S. Consul General, Jennifer Larson, recently toured the Universal biodiesel plant along with staff from the consulate to further the collaboration with Aemetis.
India is committed to the production and use of biofuels to expand markets for agricultural products and to utilize waste materials to improve air quality. The target set in the India National Policy on Biofuels is an increase in the blend of biodiesel from
“Diesel engine emissions are a significant contributor to air pollution and a cause of significant public health problems in India,” said Eric McAfee, Chairman and CEO of Aemetis. “The Universal Biofuels facility in India has invested in the expansion of production capacity to meet India’s goal of a
“The adoption of new policies in India that facilitate access to feedstocks supports our plans to raise the capital and invest the resources into growing our production capacity,” said Sanjeev Duggal, CEO of Universal Biofuels. “We look forward to continuing the work with the consulate and view the visit by Ms. Larson as a critical step forward that is an important sign of support for our business.”
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. To support further growth, Universal Biofuels is preparing for an IPO in India, aiming for completion in late 2025 or the first half of 2026, subject to continued favorable stock market conditions.
Universal Biofuels completed
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.
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FAQ
What is the current production capacity of Aemetis' Universal Biofuels facility in India?
How much revenue did AMTX's Universal Biofuels generate in the last reported period?
When is Universal Biofuels, AMTX's Indian subsidiary, planning its IPO?
What is India's biodiesel blending target according to their National Policy on Biofuels?
