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Aemetis lands biodiesel supply contract for Indian mining customer

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Advanced renewable fuels producer Aemetis’ subsidiary in India, Universal Biofuels India, has landed a large biodiesel supply contract.

The customer is a multi-site mining company, which will use the biodiesel to fuel dump trucks and other heavy diesel equipment at mine sites in southern and central India.

According to Aemetis, shipments to the customer have commenced and will be expanded to additional mines when onsite storage for biodiesel is installed.

“With the recent completion of our India plant pretreatment unit and expansion to 50 million gallons of capacity per year from low cost, high free fatty acid feedstock, the Aemetis team in India is executing on a rapid increase in production and revenues this year by continuing to expand domestic markets, which now include mining customers,” said Eric McAfee, chairman and CEO of Aemetis.  “As the only US company producing biofuels in India, Aemetis’ India team continues to expand its market reach by winning new customers in innovative domestic markets.”