Aemetis Provides Update of Cellulosic Ethanol Initiatives
by Erin Voegele (Ethanol Producer Magazine) … During an earnings call, McAfee provided an overview of advanced biofuel projects under development by Aemetis, including the LanzaTech cellulosic upgrade to the company’s Keyes, California, plant and the agreement to acquire Edeniq to convert corn fiber to cellulosic ethanol.
McAfee explained that the cellulosic ethanol project under development by Aemetis is located near the Keyes plant in the town of River Bank on the site of a former army munitions production plant that is now being converted to industrial use. He said the company has signed a 55-year lease with options for a majority of the land and a significant portion of the buildings on the 150-acre site. He also noted the company has signed a 20-year feedstock agreement with a 10-year fixed price that averages approximately $20 per tons of delivered orchard wood and other ag waste feedstock for the plant.
According to McAfee, Aemetis has signed exclusive licenses for key rights to LanzaTech microbial fermentation of gases and the InEnTec gasification technology. He said the three companies built an integrated demonstration unit in Richland, Washington, earlier this year to demonstrate integrated production of ethanol. READ MORE