Aemetis awarded $34 million of biodiesel contracts by india oil refiners for delivery in q2 2023

Plant near the port of kakinada, india in production and delivering product to omc's cupertino, ca , april 17, 2023 (globe newswire) -- via newmediawire – aemetis, inc. (nasdaq: amtx) announced today that its universal biofuels subsidiary in india, owner and operator of a biodiesel plant located near the port of kakinada on india's east coast, was selected by the three government-controlled oil marketing companies (omc's) to supply approximately 8,500,000 gallons of biodiesel over the next three months. revenues from the shipments are expected to be approximately $34 million of the $538 million of total tender offers issued by the omc's to fulfill biodiesel demand during the second quarter of 2023.
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