via NewMediaWire – Aemetis, Inc. (NASDAQ: AMTX), a renewable
natural gas and renewable fuels company focused on below-zero
carbon intensity products, announced that regulatory expert Mehagan
Hopkins has joined the company as Manager of Carbon Capture and
Sequestration Regulatory and Compliance.
"My worldwide responsibilities at Chevron’s facilities,
including working for two years in Indonesia, were good preparation
for the regulatory work related to the Aemetis projects in biofuels
and carbon capture," said Hopkins. "The Aemetis projects are
in subject areas that are directly relevant to my expertise in
addressing climate change and environmental liabilities in a way
that creates a more sustainable future."
Hopkins has extensive experience in environmental remediation,
site redevelopment, and sustainability. During nearly a
decade at Chevron, she built teams to manage sustainability and
environmental stewardship programs. She developed sustainability
strategies, ensured compliance, and provided subject matter expert
support for all domestic and international divisions at
Chevron. Hopkins holds a master's degree in biochemistry and
molecular biology from the University of California, Berkeley, and
a Bachelor of Science in biology from the University of Southern
California.
"Mehagan joins the expanding Aemetis team of experienced
professionals as we execute our Five Year Plan announced earlier
this year," said Eric McAfee, Chairman and CEO of Aemetis.
"In addition to her previous environmental and permitting work in
the California Central Valley, her time at Chevron focused on
regulatory and compliance issues related to waste remediation. This
background will help Mehagan provide permitting and environmental
compliance expertise for the Aemetis Carbon Capture and renewable
jet/diesel projects."
At Aemetis, Hopkins will lead EPA and other regulatory approvals
for the carbon capture and sequestration (CCS) projects, as well as
the sustainable aviation fuel (SAF) and renewable diesel fuel
biorefineries. The Aemetis Carbon Capture Inc. subsidiary of
the company is currently engineering and permitting two CCS
injection well projects to capture, dehydrate, compress, and
sequester CO2 from the Aemetis Biogas anaerobic dairy digester
projects, the Aemetis biofuel plants, and CO2 from oil refineries
in California.
Hopkins was selected for her capabilities as a strong
communicator and a skilled team leader who fosters a "no surprises"
culture with regulators through proactive communication and
planning. She is known for building highly engaged leadership
teams that add immediate value, lead transformational change, and
create organizational growth.
About Aemetis
Aemetis has a mission to transform renewable energy with below
zero carbon intensity 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
"drop-in" to be used in airplanes, 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 Sustainable Aviation Fuel (SAF) and renewable diesel
fuel biorefineries in California from renewable oils and orchard
and forest waste. Aemetis holds a portfolio of patents and
exclusive 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 our five-year growth plan, future growth in
revenue, net income and adjusted EBITDA, the market sizes for our
products, expansion into new markets, our ability to commercialize
and scale the licensed patented technology, the ability to obtain
sufficiently low Carbon Intensity scores to achieve below zero
carbon intensity transportation fuels, the development of the
Aemetis Biogas Central California Dairy Project, the development of
the Aemetis Carbon Zero 1 plant at the Riverbank site, the upgrades
to the Aemetis Keyes ethanol plant, and the ability to access the
funding required to execute on project construction and
operations. Words or phrases such as "anticipates," "may,"
"will," "should," "believes," "estimates," "expects," "intends,"
"plans," "predicts," "projects," "showing signs," "targets," "will
likely result," "will continue," "enable" 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 (the "SEC"), 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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