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Aemetis Inc., a renewable fuels company focused on negative carbon intensity products, has signed a 10-year, 450-million-gallon renewable diesel supply agreement with an industry-leading travel stop company, which is expected to generate more than $3 billion in revenue.
Renewable diesel is a drop-in fuel that significantly reduces greenhouse gases and other emissions from heavy duty vehicles that would otherwise use petroleum diesel.
The renewable diesel to be supplied under the agreement will fuel an estimated 3.6 billion miles of heavy truck and cargo transportation.
The travel stop company is continuing its strategy to diversify its fueling operations. Renewable diesel provides environmental benefits and performance enhancements compared to petroleum diesel.
“This supply agreement represents the largest supply contract signed by Aemetis for our Riverbank Carbon Zero Plant,” said Eric McAfee, the founder, chairman and CEO of Aemetis. “Combined with $2.1 billion of signed sustainable |
