Universal Biofuels Private Limited, a wholly owned Indian subsidiary of Aemetis Inc has completed the construction of initial process equipment and has obtained regulatory approval for the production of enzymatic biodiesel at its biodiesel plant in Kakinada, India using a patent-pending process technology developed by Aemetis.
These approvals allow the use of low-cost waste oil feedstocks for the production of biodiesel using Aemetis enzymatic production processes to supply customers, primarily in the US and Europe, through a supply contract with a major oil company.
Following the EU’s issuance of anti-dumping duties against countries that subsidize biodiesel production, the US Department of Commerce recently announced a more than 50 percent anti-dumping duty against Argentina and Indonesia biodiesel imports. Aemetis’ India subsidiary is expected to provide biodiesel to the US market to replace a portion of the more than 400 million gallons per year of Argentina and Indonesian biodiesel imported into the US annually.
Universal Biofuels Private Limited, a wholly owned Indian subsidiary of Aemetis Inc has completed the construction of initial process equipment and has obtained regulatory approval for the production of enzymatic biodiesel at its biodiesel plant in Kakinada, India using a patent-pending process technology developed by Aemetis.
These approvals allow the use of low-cost waste oil feedstocks for the production of biodiesel using Aemetis enzymatic production processes to supply customers, primarily in the US and Europe, through a supply contract with a major oil company.
Following the EU’s issuance of anti-dumping duties against countries that subsidize biodiesel production, the US Department of Commerce recently announced a more than 50 percent anti-dumping duty against Argentina and Indonesia biodiesel imports. Aemetis’ India subsidiary is expected to provide biodiesel to the US market to replace a portion of the more than 400 million gallons per year of Argentina and Indonesian biodiesel imported into the US annually.
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