Source: GlobeNewswire (MIL-OSI)
CUPERTINO, Calif., July 17, 2025 (GLOBE NEWSWIRE) — Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and biofuels company, announced today that its India subsidiary, Universal Biofuels, appointed Anjaneyulu Ganji as Chief Financial Officer, commencing responsibilities on July 17, 2025.
“The growing India economy has increased demand for energy, including biodiesel, ethanol, and compressed natural gas,” stated Sanjeev Duggal, Managing Director of Universal Biofuels. “To lead the expansion of Universal, we are very pleased to have a high-quality executive such as Anjan (Anjaneyulu Ganji) join the company as we increase existing production as well as finance and build new biofuels projects.”
“Having completed initial public offerings and other financings for growth companies in India, including an IPO for a large dairy business, I am confident that the growing market in India creates opportunities for production expansion and investments in new markets,” said Anjaneyulu Ganji, Chief Financial Officer of Universal Biofuels. “The leadership team at Aemetis has shown its ability to manage opportunities in India and has built an excellent reputation for biofuel product delivery and quality. I am excited to join the team and look forward to many successes as we expand the company.”
Mr. Ganji was the Group Chief Financial Officer of Dodla Dairy Limited, a company with $450 million per year of current revenue headquartered in Hyderabad, India. At Dodla Dairy, he led the strategy, finance, secretarial, tax, and treasury operations of a multinational operation with 14 manufacturing plants across five countries. Dodla Dairy was the second largest private dairy in India prior to undertaking an Initial Public Offering (IPO) in 2021, which Mr. Ganji successfully managed with 45 times over-subscriptions CFO.
Mr. Ganji was also the Group CFO for Marengo Asia Healthcare and was Global Head of Accounting and Controlling at Maersk Line GmbH (GSC), in charge of global finance, accounts, and finance transformation for $40 billion Maersk Line, Maersk Oil, Seago and Sealine. Previously, he was a DGM and finance controller at the $700 million TATA Cummins Ltd, responsible for the finance and accounts function for the India Parts Distribution Center.
Based in Hyderabad since 2007, the Universal Biofuels subsidiary of Aemetis built, owns, and operates an 80 million gallon per year production facility on the East Coast of India producing high quality biodiesel and refined glycerin. Universal Biofuels is expanding biofuels production as well as diversifying into ethanol and renewable natural gas production facilities.
About Aemetis
Headquartered in Cupertino, California, Aemetis is a renewable natural gas and biofuels company focused on the operation, acquisition, development, and commercialization of innovative technologies that lower fuel costs and reduce emissions. Founded in 2006, Aemetis is operating and actively 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. Aemetis is developing a carbon sequestration well project and a renewable diesel fuel and SAF biorefinery in Riverbank, 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 in 2025 and future years; statements relating to the development, engineering, financing, construction and operation of the Aemetis ethanol, biogas, SAF and renewable diesel, biodiesel and carbon sequestration facilities; our ability to promote, develop, finance, and construct facilities to produce biogas, renewable fuels, and biochemicals; and statements about future market prices and results of government actions. Words or phrases such as “anticipates,” “may,” “will,” “should,” “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.
Company Investor Relations
Media Contact:
Todd Waltz
(408) 213-0940
investors@aemetis.com
External Investor Relations
Contact:
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