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-0.00251533742331288 -0.0306748466257669 -0.0306748466257669 -0.0306748466257669 -0.0245398773006135 -0.0122699386503068 -0.0398773006134969 -0.0245398773006135
Stock impact report

Aemetis India Subsidiary Begins Biodiesel Deliveries Under $24 Million Allocation from OMCs [Yahoo! Finance]

Aemetis, Inc (AMTX) 
Last aemetis, inc earnings: 11/8 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: aemetis.com/investors
Company Research Source: Yahoo! Finance
that its Universal Biofuels subsidiary in India secured allocations of approximately $24 million for the supply of more than 27 million liters of biodiesel to India's three government-owned Oil Marketing Companies (OMCs) for the period ending March 2026. Additional OMC fuel supply orders are expected throughout the year to support the India government's goal of increasing from a 1% biodiesel blend to a targeted 5%, as stated in the current India National Policy on Biofuels. “Universal Biofuels and other biodiesel producers look forward to continuous support from the government of India to build and expand a healthy biodiesel industry,” stated Sanjeev Duggal, CEO of Universal Biofuels. “In the past five years, India rapidly grew from about a 1% blend to a 20% blend of ethanol into gasoline. The India government's 5% biodiesel blending target of more than 1.2 billion gallons per year requires rapid expansion of biodiesel blending from the current levels of less about 1% biodiesel Show less Read more
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