Aemetis Begins Deliveries of Carbon Dioxide Under Supply Agreement With New Messer CO2 Plant
Aemetis, Inc (AMTX)
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Source: GlobeNewswire
Ethanol Plant to Provide About 450 tons of CO2 Daily for use in Food, Beverage and Other Industries; Helps Meet Market Shortage Caused by COVID-19 Crisis CUPERTINO, CA, May 01, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Aemetis, Inc. (NASDAQ: AMTX) announced today that it has commenced deliveries under a long-term agreement with Messer to supply carbon dioxide (CO2) to a newly-constructed, state-of-the-art CO2 plant located adjacent to the Aemetis ethanol plant. This week, the Aemetis 65 million gallon per year ethanol plant began supplying CO2 to Messer for processing into liquid CO2 – a key product in the food freezing and chilling, carbonated beverage, and electronics sectors. Due to the ongoing COVID-19 pandemic, the supply of liquid CO2 has been significantly disrupted in California and throughout the United States as ethanol production plants have decreased production rates. The Messer plant will serve existing and new customers in Northern California and surroundin
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AMTX
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