Aemetis Praises Unanimous Legislative Passage of California E15 Implementation Legislation
If Gov. Newsom signs SB 795, California could expand E15 blending and deliver an estimated $2.7B in annual gasoline cost savings.
Rhea-AI Summary
Aemetis (AMTX) welcomed the unanimous legislative passage of California Senate Bill 795 enabling expanded E15 gasoline blending using existing vapor recovery equipment. SB 795 aims to resolve implementation delays that followed E15’s year-round approval under Assembly Bill 30 in October 2025.
A UC Berkeley study estimates E15 could cut blended gasoline costs to California consumers by $2.7 billion per year and add more than 600 million gallons of annual ethanol demand, about 10 times Aemetis’ 65 million gallon per year Keyes plant capacity. The facility also produces over two million pounds per day of distillers grain for about 80 dairies and is the largest California producer of renewable CO2. SB 795 now awaits Governor Newsom’s signature.
Positive
- Potential +600M gallons/year ethanol demand from E15 vs E10 in California, about 10x Aemetis’ 65M gallon Keyes plant capacity
- Regulatory barrier removal: SB 795 allows use of existing vapor recovery equipment for E15 based on manufacturer certifications, addressing prior implementation delays
- $2.7 billion/year estimated gasoline cost savings for California consumers from E15, supporting policy momentum for higher ethanol blending
Negative
- None.
Market reaction after E15 regulatory update: AMTX +5.49%
Following this news, AMTX has gained 5.49%, reflecting a notable positive market reaction. Our momentum scanner has triggered 6 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $1.92.
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Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 10 | Analyst coverage update | Neutral | -3.5% | Updated analyst coverage followed second-quarter results with mixed operating and balance-sheet observations. |
| Aug 06 | 2Q26 earnings report | Positive | +5.2% | Revenue growth, improved profitability, and positive adjusted EBITDA accompanied continued liquidity pressures. |
| Aug 04 | India biodiesel deliveries | Positive | +6.6% | The India subsidiary secured biodiesel allocations expected to generate approximately $17 million in revenue. |
| Jul 23 | 2Q26 earnings scheduling | Neutral | +8.2% | The company scheduled its second-quarter earnings review and conference call for August 6. |
| Jul 09 | 45Z credit sale | Positive | -4.5% | Aemetis sold clean-fuel tax credits and received net cash proceeds after transaction costs. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Positive operational announcements produced mixed historical reactions, with three divergences and two alignments.
Key Terms
e15 technical
vapor recovery equipment technical
distillers grain technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
CUPERTINO, Calif., Sept. 02, 2026 (GLOBE NEWSWIRE) -- Aemetis, Inc. (NASDAQ: AMTX), a diversified renewable natural gas and biofuels company, praised the unanimous passage of California Senate Bill 795, which will allow the state’s fuel retailers to utilize existing vapor recovery equipment to dispense E15 based on manufacturer certifications.
Using a
“As a leading California ethanol producer for the past 15 years, Aemetis has long advocated for the state to allow E15 in order to lower the cost of gasoline and provide a choice for consumers,” said Eric McAfee, Chairman and CEO of Aemetis. “This regulatory fix is a major step in opening California’s market to more American-made ethanol.”
The use of E15 instead of E10 in California would add more than 600 million gallons of annual demand for ethanol, which is about 10 times the capacity of the Aemetis 65 million gallon per year ethanol plant in Keyes, California. In addition to ethanol, the Aemetis plant produces more than two million pounds per day of distillers grain that is supplied to about 80 dairies in the Central Valley to feed more than 100,000 dairy cows with high-value animal feed. The Aemetis plant is also the largest California producer of renewable CO2, which is captured and used in beverages and food processing.
“We are grateful for Governor Newsom and the State Legislature’s support of E15 as a choice to lower fuel costs for consumers and reduce pollution from on-road transportation,” added McAfee. “We look forward to continuing to work with California legislators and regulatory agencies to advance clean fuels in California, while driving down costs of food production in the state.”
SB 795 now awaits Governor Newsom’s signature.
Contacts
Investor Relations:
investors@aemetis.com
Media:
Lisa Gibson
(701) 610-1172
lisa.gibson@sageandstonestrategies.com
About Aemetis
Headquartered in Cupertino, California, Aemetis is a diversified renewable natural gas and biofuels company focused on the development and operation of innovative technologies that lower energy costs and reduce emissions. Founded in 2006, Aemetis is operating and expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year production facility on the East Coast of India producing high quality biodiesel and refined glycerin. To utilize the byproducts from ethanol production, Aemetis is developing a sustainable aviation fuel plant and a CO2 sequestration project in California. For additional information about Aemetis, please visit www.aemetis.com.
Safe Harbor Statement
This news release contains forward-looking statements, including statements regarding assumptions, projections, expectations, targets, intentions or beliefs about future events or other statements that are not historical facts. Forward-looking statements include, without limitation, projections of financial results; statements related to the development, engineering, financing, construction and operation of the Aemetis biodiesel and other biofuel facilities; our ability to promote, develop, finance, and construct facilities to produce biodiesel, renewable fuels, and biochemicals; and statements about future market prices and effects of government statutes and regulations. Words or phrases such as “anticipates,” “may,” “will,” “should,” “would,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “showing signs,” “targets,” “view,” “will likely result,” “will continue” or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on current assumptions and predictions and are subject to numerous risks and uncertainties. Actual results or events could differ materially from those set forth or implied by such forward-looking statements and related assumptions due to certain factors, including, without limitation, competition in the ethanol, biodiesel and other industries in which we operate, commodity market risks including those that may result from current weather conditions, financial market risks, customer adoption, counter-party risks, risks associated with changes to federal policy or regulation, and other risks detailed in our reports filed with the Securities and Exchange Commission, including our Annual Reports on Form 10-K, and in our other filings with the SEC. We are not obligated, and do not intend, to update any of these forward-looking statements at any time unless an update is required by applicable securities laws.
FAQ
What did Aemetis (AMTX) announce about California E15 legislation?
Aemetis announced that California Senate Bill 795 passed the Legislature unanimously. The bill allows fuel retailers to use existing vapor recovery equipment to dispense E15 based on manufacturer certifications, addressing equipment certification issues that had delayed implementation after E15’s prior approval under Assembly Bill 30.
How much new ethanol demand could E15 create in California for AMTX?
The shift from E10 to E15 in California is estimated to add more than 600 million gallons of annual ethanol demand. This potential increase is about 10 times the capacity of Aemetis’ 65 million gallon per year ethanol plant in Keyes, California.
How does California SB 795 change E15 equipment rules relevant to Aemetis (AMTX)?
SB 795 allows California fuel retailers to use existing vapor recovery equipment to dispense E15 when certified by equipment manufacturers. This change resolves previous equipment certification requirements that had delayed E15 implementation, which Aemetis views as a major step toward opening the state’s market to more American-made ethanol.
What gasoline cost savings are linked to E15 adoption in California?
A UC Berkeley study cited in the announcement estimates that using a 15% ethanol blend (E15) would reduce blended gasoline costs to California consumers by about $2.7 billion per year, reflecting lower-cost ethanol replacing part of the gasoline in the fuel mix.
What is the status of California SB 795 on E15 implementation for Aemetis (AMTX)?
SB 795 has been unanimously passed by the California Legislature and now awaits Governor Newsom’s signature. The company describes this bill as a regulatory fix needed to fully implement E15 after its year-round approval under Assembly Bill 30 in October 2025.
What products does Aemetis’ Keyes plant supply beyond ethanol?
In addition to ethanol, the Aemetis Keyes plant produces more than two million pounds per day of distillers grain, supplied to about 80 dairies feeding over 100,000 dairy cows. The plant is also the largest California producer of renewable CO2 used in beverages and food processing.