Aemetis Begins Shipping High Purity Alcohol for Hand Sanitizer
March 20 2020 - 7:30AM
via NEWMEDIAWIRE --
Aemetis, Inc. (NASDAQ:
AMTX) announced today its 65 million gallon per year ethanol plant
near Modesto, California has begun shipments of 200 proof alcohol
for use in the production of hand sanitizer.
In response to the Coronavirus Disease 2019
(COVID-19) pandemic, the Alcohol and Tobacco Tax and Trade Bureau
(TTB) created exemptions allowing certain alcohol fuel permit
holders to sell ethanol (alcohol) for use in the production of hand
sanitizers. With this federal government waiver, Aemetis is
now supplying hand sanitizer producers with alcohol to address the
significant shortage created by the worldwide spread of Coronavirus
(COVID-19). “Aemetis is moving quickly to help address
the significant demand for hand sanitizer products in light of the
COVID-19 pandemic during this time of national emergency,” said
Andy Foster, President of Aemetis Advanced Fuels Keyes, Inc.
“As the WHO and CDC strongly recommend the use of hand
sanitizer products to help prevent the spread of Coronavirus,
Aemetis is utilizing our ethanol production capability to address
the current shortage of hand sanitizer by increasing the supply of
high-proof alcohol used in the manufacturing of sanitizer
products,” said Foster.
About Aemetis
Headquartered in Cupertino, California, Aemetis
is an advanced renewable fuels and biochemicals company focused on
the acquisition, development and commercialization of innovative
technologies that replace traditional petroleum-based products by
the conversion of ethanol and biodiesel plants into advanced
biorefineries. Founded in 2006, Aemetis owns and operates a
60 million gallon per year ethanol production facility in
California’s Central Valley, near Modesto. Aemetis also owns
and operates a 50 million gallon per year renewable chemical and
advanced fuel production facility on the East Coast of India
producing high quality distilled biodiesel and refined pharma-grade
glycerin for customers in India, the US and Europe. Aemetis
operates a research and development laboratory, and holds a
portfolio of patents and related technology licenses for the
production of renewable fuels and biochemicals. For
additional information about Aemetis, please visit
www.aemetis.com.
External Investor
RelationsContact:Kirin SmithPCG Advisory
Group(646) 863-6519ksmith@pcgadvisory.com
Company Investor Relations/Media
Contact:Todd Waltz(408) 213-0940investors@aemetis.com
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