Aemetis signs $200M biofuel offtake agreement with Murex

In California, Aemetis, Inc. signed a biofuels offtake agreement with international renewable fuels supplier Murex, LLC for an estimated $200 million of low carbon biofuels to be delivered during 2021 to 2023.

Founded 30 years ago and based in Plano, Texas, Murex is a renewable fuels terminal, marketing, logistics, and supply company with operations and assets throughout North America. The terms of the agreement provide that the fuel and the related Low Carbon Fuel Standard and Renewable Fuel Standard Credits will be sold at a fixed discount to the market price at the time of delivery.