Aemetis and ChevronLummus Global enter into license agreement

Aemetis, Inc., an advanced fuels and renewable chemical company, has signed a license agreement with ChevronLummus Global (CLG) for the rapid and inexpensive production of renewable jet and diesel fuel by the conversion of existing biofuels and petroleum refineries.
Under the license agreement, Aemetis Advanced Fuels Inc., a wholly-owned subsidiary of Aemetis, has the right to use the Biofuels ISOCONVERSION Process for the production of 100% drop-in renewable jet fuel and diesel in Aemetis’ biorefineries throughout North America. The Biofuels ISOCONVERSION Process utilizes patented Catalytic Hydrothermolysis (CH) reactor technology, which was developed by Applied Research Associates (ARA).
“This technology is ideally suited for the conversion of existing biofuels production facilities by utilizing the rail siding, feedstock unloading, raw material storage tanks, power generation units, Clean In Place system, neat fuel storage tanks and loadout equipment,” said Eric McAfee, Chairman and CEO of Aemetis.
“Expanding or converting existing biofuels and refining facilities to use the Biofuels ISOCONVERSION Process accelerates the scale up of production to supply the 70 billion gallon per year global market for jet fuel and the 50 billion gallon U.S. market for diesel,” he added. (September 5, 2012)