Curated News
By: NewsRamp Editorial Staff
February 24, 2025
Aemetis Receives Approval to Restart Biodiesel Production in India, Universal Biofuels Plans IPO and Expansion
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- Aemetis, Inc. received approval to restart production of biodiesel and refined glycerin in India, enabling the company to fulfill allocations and expand capacity.
- The Aemetis plant in India received approval from the local Pollution Control Board to restart production after conducting a review of local air quality.
- Aemetis' expansion of production capacity supports the need for more biodiesel production in India, addressing the government's requirement for increased biodiesel capacity.
- Aemetis, a renewable fuels company, is well positioned to meet the growth in biodiesel demand and lead a planned IPO to expand biodiesel production capacity.
Impact - Why it Matters
This news highlights Aemetis' commitment to sustainable fuel production and its role in addressing air pollution in India. The restart of production and expansion plans not only benefit the company but also contribute to environmental efforts by promoting the use of biodiesel over traditional petroleum diesel.
Summary
Aemetis, Inc. received approval to restart biodiesel production in India, fulfilling government allocations. Universal Biofuels, a subsidiary, is a major biodiesel producer with plans for IPO and capacity expansion. The move aligns with India's efforts to reduce air pollution and increase biodiesel usage.
Source Statement
This curated news summary relied on this press release disributed by NewMediaWire. Read the source press release here, Aemetis Receives Approval to Restart Biodiesel Production in India, Universal Biofuels Plans IPO and Expansion
