Aemetis to explore biojet fuel with Chevron technology

Biofuels and renewable chemicals company Aemetis plans to use technology developed by energy provider Chevron and construction company Chicago Bridge and Iron (CBI) to explore jet fuel and diesel production.

The technology, provided by Chevron and CBI joint venture Chevron Lummus Global, uses water to convert plant oils into products that are similar to petroleum crude and can be refined into fuel.

‘By licensing our technology Aemetis hopes to accelerate its efforts to commercialise drop-in renewable jet fuel and diesel. These differ from competing biofuels because they may be used without blending standard, petroleum-based products,’ says Chevron Lummus MD Leon de Bruyn.

Aemetis will pay a $0.10 (€0.07) a gallon royalty fee with certain decreases based on the volume of fuel produced.