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Aemetis expects to close US$158mln to convert waste orchard wood into biofuels

Aemetis Inc (NASDAQ:AMTX) CEO Eric McAfee tells Proactive Investors the industrial biotechnology company is expecting to close US$158mln for construction of their plant in California, which is scheduled to come online in 2019.

McAfee says the plant will use the waste orchard wood that causes air polution in California's central valley to make clean, below-zero carbon, renewable cellulosic ethanol.

 

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