Aemetis Acquires Cilion Fuel Ethanol Plant in California for $15 Million
Posted on July 13, 2012 at 04:24 AM EDT
SUGAR LAND--June 12, 2012--Researched by Industrial Info Resources (Sugar Land, Texas)--Up and coming biofuels player Aemetis Incorporated (OTC:AMTX) (Cupertino, California) has spent an estimated $15 million to acquire the former 55 million-gallon-per-year fuel ethanol plant in Keyes, California, which had been owned by Cilion Incorporated (Goshen, California), which now operates as a subsidiary of Aemetis.