On November 4th of this week, Bob Dinneen, President
and CEO of the Renewable Fuels Association (RFA), commented, “This election day
— and every day — Americans want the freedom to choose what fuel to put into
their vehicles. For years, Big Oil has monopolized the market and limited that
choice. But, today’s analysis should send a clear message to the EPA and
Congress that E15 is here to stay. Even with falling gas prices, ethanol
remains the lowest cost liquid transportation fuel on the planet. If EPA
reverses course and embraces the statutory levels of the renewable fuel
standard, E15 and higher level ethanol blends will propel our country past the
so-called ‘blend wall’ and increased biofuels use will move our country to a
clean and sustainable future.”
The RFA analysis uncovered the following trends:
- After approving the use of E15 in some of its 2014
Honda and Acura models, Honda Motor Co. has extended E15 warranty coverage to
all models in 2015.
- All Toyota models in 2015 include explicit E15
approval, up from just a fraction of Toyota models in 2014. Just as in 2014,
E15 is approved for use in most, but not all, 2015 Lexus models.
- For the fourth year in a row, General Motors
approves the use of E15 in all models. Similarly, E15 is approved in all Ford
models for the third year in a row. Vehicles from these two automakers alone
account for roughly one-third of sales in the United States.
- Audi, Jaguar, Land Rover, Porsche, and Volkswagen
also expressly approved the use of E15 in their 2015 models.
Aemetis, Inc. (NASDAQ: AMTX), an international
renewable fuels and specialty chemical company, is executing on a strategic
plan that finds itself clearly in the right place at the right time as its
effort to build shareholder value resides in the production of a variety of renewable
fuels that help solve global warming and the dependence on petroleum. Further,
the company is active in the acquisition, development, and commercialization of
innovative technologies that possess the capacity to replace traditional
petroleum-based products and convert first-generation ethanol and biodiesel
plants into advanced biorefineries – facilities that integrate biomass
conversion processes and equipment to produce fuels, power, heat, and
value-added chemicals from biomass.
AMTX operates in both North America and India. The
company owns and operates a biodiesel plant in Kakinada, India and an ethanol
plant in Keyes, California. Aemetis, Inc. sells biodiesel and glycerin to
resellers, distributors, and refiners through its direct sales force and
independent agent channels. Other sales platforms include brokers who resell
the product to end-users. The company provides ethanol, wet distiller grains,
corn oil, and condensed distillers soluble.
For more information on the company, visit
www.aemetis.com
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