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Aemetis Increases India Biodiesel Production To 60 Million Gallons
Aemetis Inc. (Aemetis), a renewable natural gas (RNG) and renewable fuels company focused on negative carbon intensity products, announced that the company’s Universal Biofuels subsidiary has completed an expansion of its India biodiesel plant annual production capacity to 60 million gallons (227 million liters) more than one year ahead of schedule, supplying the expanding demand for biodiesel by India government-owned oil marketing companies (OMCs).
The Aemetis Five Year Plan describes an increase from 50 million gallons (189 million liters) per year to 100 million gallons (379 million liters) per year of biodiesel production capacity at the India plant to be completed by 2025. Additional capital projects to increase the production capacity to 80 million gallons (303 million liters) per year at the Kakinada, India-biodiesel plant are in process for completion in the first half of 2024, also ahead of schedule.
“The market for biodiesel in India continues to expand as OMCs increase the number of blending locations and the percentage of biofuel blended into diesel,” said Sanjeev Gupta, president of Aemetis International. “The Kakinada plant has expanded production by completing upgrades to de-bottleneck the plant, and the next phase will add additional process equipment to increase capacity. When production capacity reaches 100 million gallons per year, the India business will be able to generate more than US$500 million per year of revenues.”
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