Universal Biofuels India hits record domestic biodiesel revenues in May

In India, Aemetis, Inc announced that its Universal Biofuels India subsidiary achieved record domestic biodiesel revenues in May as shipments commenced under the previously announced $23 million biodiesel supply contract to the three government-owned Oil Marketing Companies (OMC’s).

The Aemetis biodiesel plant in India recently completed the installation and commissioning of a pretreatment plant and related utilities upgrades to convert lower cost, waste feedstocks into high quality distilled biodiesel to supply the approximately 25 billion gallon diesel market in India.