Badger Army Ammunition Plant

Aemetis Signs Agreement With Cathay Pacific to Supply 38 Million Gallons of Sustainable Aviation Fuel

Retrieved on: 
Tuesday, September 20, 2022

CUPERTINO, CA, Sept. 19, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Aemetis, Inc. (NASDAQ: AMTX), a renewable fuels company focused on negative carbon intensity products, announced today the volume of an offtake agreement that has been signed with Cathay Pacific Airways Limited (“Cathay Pacific”) for 38 million gallons of blended sustainable aviation fuel (“SAF”) to be delivered over the 7 year term of the agreement.

Key Points: 
  • Sustainable aviation fuel provides significant environmental benefits compared to petroleum jet fuel, including a lower lifecycle carbon footprint and reduced contrails.
  • The blended sustainable aviation fuel to be supplied under this agreement is 40% SAF and 60% Petroleum Jet A to meet international blending standards.
  • The supply agreement with Aemetis builds on Cathay Pacifics ongoing commitment towards meeting its net-zero carbon emissions target by 2050.
  • The use of sustainable aviation fuel by Cathay Pacific is another step by the oneworld Alliance toward lowering the environmental impact of aviation, stated Eric McAfee, Chairman and CEO of Aemetis.

Aemetis Signs Agreement with Alaska Airlines to Supply 13 Million Gallons of Sustainable Aviation Fuel

Retrieved on: 
Tuesday, May 24, 2022

CUPERTINO, CA, May 24, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Aemetis, Inc. (NASDAQ: AMTX), a renewable fuels company focused on negative carbon intensity products, announced today that an offtake agreement has been signed with Alaska Airlines for 13 million gallons of blended sustainable aviation fuel (SAF) to be delivered over the seven year term of the agreement. 

Key Points: 
  • The blended fuel to be supplied under this agreement is 40% SAF and 60% Petroleum Jet A to meet international blending standards.
  • To make a meaningful impact in decarbonizing aviation, we must increase the supply and accessibility of SAF, said Lauren Kriegler, director of fuel, Alaska.
  • We look forward to working with Aemetis to expand the use of SAF in the Bay Area and beyond.
  • The use of sustainable aviation fuel by Alaska is another step by the oneworld Alliance toward lowering the environmental impact of aviation, stated Eric McAfee, Chairman and CEO of Aemetis.

Aemetis Signs Agreement with JetBlue to Supply 125 Million Gallons of Sustainable Aviation Fuel

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Tuesday, April 26, 2022

CUPERTINO, CA, April 26, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Aemetis, Inc. (NASDAQ: AMTX), a renewable fuels company focused on negative carbon intensity products, announced today that an offtake agreement has been signed with JetBlue (NASDAQ: JBLU) for 125 million gallons of blended sustainable aviation fuel (“SAF”) to be delivered over the 10 year term of the agreement.  The value of the contract including incentives is approximately $530 million.

Key Points: 
  • Sustainable aviation fuel provides significant environmental benefits compared to petroleum jet fuel, including a lower lifecycle carbon footprint and reduced contrails.
  • The blended sustainable aviation fuel to be supplied under this agreement is 40% SAF and 60% Petroleum Jet A to meet international blending standards.
  • The blended sustainable aviation fuel is scheduled to begin deliveries to JetBlue in 2025.
  • The adoption of sustainable aviation fuel to reduce the environmental impact of aviation is a significant megatrend led by JetBlue and other airlines, stated Eric McAfee, Chairman and CEO of Aemetis.

Aemetis Signs Agreement with Finnair to Supply 17.5 Million Gallons of Sustainable Aviation Fuel

Retrieved on: 
Friday, March 25, 2022

CUPERTINO, CA, March 25, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -  Aemetis, Inc. (NASDAQ: AMTX), a renewable fuels company focused on negative carbon intensity products, announced today that an offtake agreement has been signed with oneworld Alliance airline member Finnair for 17.5 million gallons of blended sustainable aviation fuel (“SAF”) to be delivered over the 7 year term of the agreement.  The value of the contract including incentives is approximately $70 million.

Key Points: 
  • Sustainable aviation fuel provides significant environmental benefits compared to petroleum jet fuel, including a lower lifecycle carbon footprint and reduced contrails.
  • The blended sustainable aviation fuel to be supplied under this agreement is 40% SAF and 60% Petroleum Jet A to meet international blending standards.
  • The blended sustainable aviation fuel is scheduled to begin deliveries to Finnair in 2025.
  • The supply of sustainable aviation fuel to Finnair is a part of $2 billion of contracts with oneworld Alliance members to reduce the environmental impact of aviation, stated Eric McAfee, Chairman and CEO of Aemetis.

Aemetis Signs Agreement with Qantas to Supply 35 Million Gallons of Sustainable Aviation Fuel

Retrieved on: 
Tuesday, March 15, 2022

Sustainable aviation fuel provides significant environmental benefits compared to petroleum jet fuel, including a lower lifecycle carbon footprint and reduced contrails.

Key Points: 
  • Sustainable aviation fuel provides significant environmental benefits compared to petroleum jet fuel, including a lower lifecycle carbon footprint and reduced contrails.
  • The blended sustainable aviation fuel to be supplied under this agreement is 40% SAF and 60% Petroleum Jet A to meet international blending standards.
  • This supply agreement with Aemetis builds on Qantass expanding effort for a future of net zero emissions by 2050.
  • The use of sustainable aviation fuel by Qantas is another step toward lowering the environmental impact of aviation, stated Eric McAfee, Chairman and CEO of Aemetis.

Aemetis Signs Agreement with Japan Airlines to Supply 90 Million Gallons of Sustainable Aviation Fuel

Retrieved on: 
Wednesday, February 9, 2022

CUPERTINO, CA, Feb. 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Aemetis, Inc. (NASDAQ: AMTX), a renewable fuels company focused on negative carbon intensity products, announced today that an offtake agreement has been signed with Japan Airlines (“JAL”) for 90 million gallons of blended sustainable aviation fuel (“SAF”) to be delivered over the 7 year term of the agreement.

Key Points: 
  • Sustainable aviation fuel provides significant environmental benefits compared to petroleum jet fuel, including a lower lifecycle carbon footprint and reduced contrails.
  • The blended sustainable aviation fuel to be supplied under this agreement is 40% SAF and 60% Petroleum Jet A to meet international blending standards.
  • This supply agreement with Aemetis builds on JALs expanding effort for a future of net zero emission by 2050, plans to replace 1 percent of its conventional jet fuel consumption with sustainable aviation fuel (SAF) by 2025, and 10 percent by 2030.
  • The use of sustainable aviation fuel by Japan Airlines is another step by the oneworld Alliance toward lowering the environmental impact of aviation, stated Eric McAfee, Chairman and CEO of Aemetis.

Aemetis Signs Agreement with American Airlines to Supply Sustainable Aviation Fuel

Retrieved on: 
Wednesday, December 1, 2021

Sustainable aviation fuel provides significant environmental benefits compared to petroleum jet fuel, including a lower lifecycle carbon footprint.

Key Points: 
  • Sustainable aviation fuel provides significant environmental benefits compared to petroleum jet fuel, including a lower lifecycle carbon footprint.
  • The blended Sustainable Aviation Fuel to be delivered under this agreement is 40% SAF and 60% Petroleum Jet A to meet international blending standards.
  • The American Airlines team is committed to reducing emissions from our operations, and sustainable aviation fuel is the cornerstone of our strategy in this decade, said Doug Parker, Chairman and CEO of American Airlines.
  • American Airlines is demonstrating its leadership in the reduction of carbon emissions and improving air quality by using Aemetis Carbon Zero sustainable aviation fuel, said Eric McAfee, the Founder, Chairman and CEO of Aemetis.

Aemetis Signs Offtake Agreement with Delta Air Lines for 250 Million Gallons of Sustainable Aviation Fuel

Retrieved on: 
Thursday, September 30, 2021

CUPERTINO, CA, Sept. 30, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Aemetis, Inc. (NASDAQ: AMTX), a renewable fuels company focused on negative carbon intensity products, announced today that an offtake agreement has been signed with Delta Air Lines for 250 million gallons of blended fuel containing sustainable aviation fuel (SAF) to be delivered over the 10 year term of the agreement.

Key Points: 
  • CUPERTINO, CA, Sept. 30, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Aemetis, Inc. (NASDAQ: AMTX), a renewable fuels company focused on negative carbon intensity products, announced today that an offtake agreement has been signed with Delta Air Lines for 250 million gallons of blended fuel containing sustainable aviation fuel (SAF) to be delivered over the 10 year term of the agreement.
  • Sustainable aviation fuel provides significant environmental benefits compared to petroleum jet fuel, including a lower lifecycle carbon footprint.
  • The sustainable aviation fuel is expected to be produced by the Aemetis renewable jet/diesel plant under development on a 125 acre former U.S. Army Ammunition production plant site in Riverbank, California.
  • The blended sustainable aviation fuel is expected to be available for use by Delta starting in 2024.