Aemetis Chairman/CEO Eric McAfee to Present at the Stifel Virtual Cross Sector Insight Conference on June 10, 2021
June 04 2021 - 8:00AM
via NewMediaWire --
Aemetis, Inc. (NASDAQ: AMTX)
announced today
that Chairman and CEO Eric
McAfee has accepted an invitation to present the Aemetis corporate
presentation, serve on the “Future of Energy” panel, and hold
one-on-one meetings with institutional investors at the Stifel
Virtual Cross Sector Insight Conference on Thursday, June 10,
2021.
The “Future of Energy” panel is 9:20 am ET and the Aemetis
corporate presentation is 2:40 pm ET on June 10. Private
discussions with investors are scheduled throughout the day from 9
am to 4 pm. The conference presentation will be posted on the
Investors section of the Aemetis website at
http://www.aemetis.com/investors/presentation/.
The presentation will focus on -426 carbon intensity dairy
renewable natural gas, renewable jet/diesel fuel using renewable
oils hydrotreated with negative carbon intensity hydrogen from
waste wood, and the ethanol plant efficiency upgrades that Aemetis
is completing to maximize value from the California Low Carbon Fuel
Standard, the federal Renewable Fuel Standard, and the IRS 45Q
carbon re-use and sequestration tax credit.
McAfee’s presentation will feature underground carbon
sequestration without the need for long range pipelines for the
52-dairy Aemetis Central Dairy Biogas Project, the Aemetis ethanol
plant, and the Aemetis Carbon Zero 1 renewable jet and diesel
plant.
The Aemetis Carbon Zero jet and diesel plant design
commercializes patented technology exclusive to Aemetis for the
production of renewable jet fuel and renewable diesel for aviation
and commercial truck markets. The Aemetis “Carbon Zero 1”
plant has a planned capacity of 45 million gallons per year in
phase I to be operational in 2023, expanding to 90 million gallons
per year by 2025. The plant is being built at the 142-acre
Riverbank Industrial Complex, a former US Army ammunitions plant in
Riverbank, California.
The Aemetis Central Dairy Biogas renewable natural gas project,
the Aemetis Carbon Zero 1 renewable jet and diesel plant, and
energy efficiency upgrades to the Aemetis Keyes ethanol plant
include $56 million of grant funding and other support from the
USDA, the US Forest Service, the California Energy Commission, the
California Department of Food and Agriculture, and PG&E’s
energy efficiency program.
About Aemetis
Aemetis has a mission to transform renewable energy into below
zero carbon transportation fuels. Aemetis has launched the Carbon
Zero production process to decarbonize the transportation sector
using today’s infrastructure.
Aemetis Carbon Zero products include zero carbon fuels that can
immediately “drop in” to be used in airplane, truck and ship
fleets. Aemetis low-carbon fuels have substantially reduced
carbon intensity compared to standard petroleum fossil-based fuels
across their lifecycle.
Headquartered in Cupertino, California, Aemetis is a renewable
natural gas, renewable fuel and biochemicals company focused on the
acquisition, development and commercialization of innovative
technologies that replace petroleum-based products and reduce
greenhouse gas emissions. Founded in 2006, Aemetis has
completed Phase 1 and is expanding a California biogas digester
network and pipeline system to convert dairy waste gas into
Renewable Natural Gas (RNG). Aemetis owns and operates a 65
million gallon per year ethanol production facility in California’s
Central Valley near Modesto that supplies about 80 dairies with
animal feed. Aemetis also owns and operates a 50 million
gallon per year production facility on the East Coast of India
producing high quality distilled biodiesel and refined glycerin for
customers in India and Europe. Aemetis is developing the
Carbon Zero renewable jet and diesel fuel integrated biorefineries
in California to utilize distillers corn oil and other renewable
oils to produce low carbon intensity renewable jet and diesel fuel
using cellulosic hydrogen from waste orchard and forest wood, while
pre-extracting cellulosic sugars from the waste wood to be
processed into high value cellulosic ethanol at the Keyes
plant. Aemetis holds a portfolio of patents and related
technology licenses to produce renewable fuels and
biochemicals. For additional information about Aemetis,
please visit www.aemetis.com.
Safe Harbor Statement
This news release contains forward-looking statements, including
statements regarding our assumptions, projections, expectations,
targets, intentions or beliefs about future events or other
statements that are not historical facts. Forward-looking
statements in this news release include, without limitation,
statements relating to the biogas project, the jet and diesel
project, the upgrade of the ethanol biorefinery, our compliance
with governmental programs, and the ability to access markets and
funding to execute our business plan. Words or phrases such
as “anticipates,” “may,” “will,” “should,” “believes,” “estimates,”
“expects,” “intends,” “plans,” “predicts,” “projects,” “showing
signs,” “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 numerous 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 federal
policy or regulation, and other risks detailed in our reports filed
with the Securities and Exchange Commission, including our Annual
Report on Form 10-K for the year ended December 31, 2020 and in our
subsequent 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.
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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