Aemetis India unit starts biodiesel deliveries in $17M OMC deal

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Go back to Aemetis India unit starts biodiesel deliveries in $17M OMC deal

Aemetis India Subsidiary Begins Biodiesel Deliveries Under $17 Million Allocation from OMCs

August 4, 2026 8:00 AM EDT

CUPERTINO, Calif., Aug. 04, 2026 (GLOBE NEWSWIRE) -- Aemetis, Inc.(NASDAQ: AMTX), a diversified renewable natural gas and biofuels company, announced the Companys subsidiary in India, Universal Biofuels, secured allocations to supply more than 18 million liters of biodiesel to Indias three government-owned Oil Marketing Companies (OMCs) during a three-month period, which is expected to generate approximately $17 million in revenue.

In addition to OMC customers, Universal is supplying private commercial customers with distilled biodiesel. Additional OMC fuel supply orders are anticipated before the end of calendar year 2026 to support the India governments goal of increasing... More