Aemetis technologies from ARA and Chevron Lummus Global named as winner
Aemetis, Inc. (OTCPK: AMTX), an advanced fuels and renewable chemicals company, announced today that ARA and Chevron Lummus Global, Aemetis technology providers in a 100% drop-in aviation biofuels technology program, were named the 2012 Best New Fuel Award by Biofuels Digest.Below is the text of the Biofuels Digest article.
Biofuels Digest’s 2012 Best New Fuel Award: ARA, Chevron Lummus Global, 100% drop-in aviation biofuel
Jim Lane | December 31, 2012
Aviation biofuels is, without a doubt, one area in which just about everyone agrees that biofuels have a strong future, if the economics are there and the product is a drop-in fuel. Well, nothing is more of a drop-in than a 100% drop-in, but to this point, a shortage of aromatics in renewable aviation fuels have restricted biofuel blends to 50/50 with fossil fuel. That cuts out, potentially, 30 billion gallons of global demand – and is there ever demand.
Along comes, via a partnership between ARA and Chevron Lummus Global, a technology that produces for the first time, a 100% drop-in fuel. Flight testing is now underway – a key step towards certification. Agrisoma (producing the underlying carinata feedstock) and Aemetis (as a production site for the fuels) are in the partnership mix too.
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