Mechanical vapor recompression

Aemetis Allocated $10.5 Million IRA Section 48C Tax Credits by DOE and IRS for Biofuels Plant Efficiency Projects

Retrieved on: 
Tuesday, April 9, 2024
Mechanical, IRA, IRS, Natural gas, Sale, CEC, Biofuel, Carbon, Inflation, Internal Revenue Service, DOE, Mechanical vapor recompression, Average revenue per user, MVR, Renewable energy

The Aemetis Five Year Plan projects that Aemetis will receive a total of $450 million of IRA tax credits to support funding of its renewable fuels projects.

Key Points: 
  • The Aemetis Five Year Plan projects that Aemetis will receive a total of $450 million of IRA tax credits to support funding of its renewable fuels projects.
  • In October 2023, Aemetis completed the sale of $63 million of IRA tax credits to a single buyer and received $55 million in funding.
  • Aemetis was awarded the $10.5 million allocation of transferable tax credits to support the Mechanical Vapor Recompression (MVR) energy efficiency project and other energy efficiency projects at the Aemetis Keyes ethanol production facility in California.
  • The Section 48C tax credits are transferable from project developers to entities with income tax liabilities in order to provide funding to projects.

Aemetis Announces Updated Five Year Plan Projecting Growth to $1.95 Billion of Revenue and $645 Million of Adjusted EBITDA in 2028

Retrieved on: 
Tuesday, February 20, 2024
Carbon, Engineering, Inflation, AI, Ethanol, Aviation, LCFS, Natural gas, Growth, Sale, CEQA, Oil, CCUS, CO2, Mechanical vapor recompression, Electricity, EPA, IRA, MVR, USDA, RNG, Renewable energy

The 2024 Plan states revenues are expected to grow at a compound annual growth rate of 38%, and adjusted EBITDA is expected to grow at a projected compound annual growth rate of 83% for the years 2024 to 2028.

Key Points: 
  • The 2024 Plan states revenues are expected to grow at a compound annual growth rate of 38%, and adjusted EBITDA is expected to grow at a projected compound annual growth rate of 83% for the years 2024 to 2028.
  • The presentation also describes the tax credits expected to be received by Aemetis from the Inflation Reduction Act (IRA) for its renewable fuel and sequestration projects.
  • “Additionally, Aemetis closed $50 million of new USDA funding and received $55 million from the sale of IRA tax credits in the past year.
  • The Five Year Plan for Aemetis Dairy RNG operations projects revenues will grow from $18 million in 2024 to $190 million in 2028, while Dairy RNG project EBITDA is expected to expand from $7 million in 2024 to $123 million in 2028.

Chart Industries Reports Record 2023 Second Quarter Financial Metrics

Retrieved on: 
Friday, July 28, 2023
Transfer, Hydrogen, RSL, Partnership, Record, Chart, Ingersoll, Siemens Mobility, Pro forma, Public expenditure, EBITDA, Mechanical vapor recompression, Acquisition, FCF, FX, Water, Growth, EPS, NYSE, Babcock & Wilcox, LTSA, Cryptocurrency, Video game, Bookkeeping, Fine chemical, Financial services, Natural gas, Security (finance), Purification, Howden, LNG, Veolia

ATLANTA, July 28, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) today reported results for the second quarter ended June 30, 2023.

Key Points: 
  • ATLANTA, July 28, 2023 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) today reported results for the second quarter ended June 30, 2023.
  • Record second quarter 2023 financial metrics (backlog, orders, sales, gross profit, gross profit margin, operating income, and EBITDA).
  • Also in the second quarter 2023, Howden (on a standalone basis) had record reported backlog, orders, gross profit and EBITDA.
  • Second quarter 2023 backlog increased 24.1% compared to the second quarter 2022 (proforma to include Howden), and both Chart and Howden backlogs on a standalone basis were records as of the end of the second quarter 2023.

Aemetis Reports 2022 Fourth Quarter and Year-End Results

Retrieved on: 
Thursday, March 9, 2023
Investment, Mechanical vapor recompression, The Twelve Months, Natural gas, Capital expenditure, Transport, Ethanol, Three Months, Carbon, RNG, Riverbank, Engineering, Operating cost, Insurance, Mitsubishi Group, MVR, USDA, PG, Cryptocurrency, Renewable energy, Video game, Gasoline

CUPERTINO, CA, March 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas and renewable fuels company focused on below zero carbon intensity products, today announced its financial results for the three and twelve months ended December 31, 2022.

Key Points: 
  • The selling price of ethanol decreased from $3.36 per gallon during the fourth quarter of 2021 to $2.65 per gallon during the fourth quarter of 2022.
  • Cost of Goods Sold increased from $51.7 million during the fourth quarter of 2021 to $67.9 million during the fourth quarter of 2022, resulting principally from the delivered corn price increasing from an average of $7.23 per bushel during the fourth quarter of 2021 to $10.05 per bushel during the fourth quarter of 2022 and the incremental sales in our India Biodiesel segment.
  • Operating loss was $8.7 million for the fourth quarter of 2022, compared to an operating profit of $5.2 million during the fourth quarter of 2021.
  • Net loss was $22.4 million for the fourth quarter of 2022, compared to a net loss of $881 thousand for the fourth quarter of 2021.

Aemetis Commissions $10 million Mitsubishi ZEBREX™ System at Keyes Plant, Reducing Petroleum Natural Gas Use by 20% and Lowering Ethanol Carbon Intensity

Retrieved on: 
Wednesday, August 31, 2022
Carbon, Zero, Phrase, CA, Security (finance), Corn oil, Technology, PSA, Natural gas, NASDAQ, Engineering, Oil, PG, PG&E, Petroleum, Ethanol, Mechanical vapor recompression, Renewable natural gas, SEC, Hydrogen, U.S. Securities and Exchange Commission, Mitsubishi, Mitsubishi Chemical Corporation, GLOBE, RD, Electricity, CO2, Compliance, RNG, CCS, News, Weather, MVR, Annual report, Pressure swing adsorption, SAF, Acquisition, Forward-looking statement, Renewable energy, Gasoline, Central California

CUPERTINO, CA, Aug. 31, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Aemetis, Inc. (NASDAQ: AMTX), a renewable natural gas (RNG) and renewable fuels company focused on negative carbon intensity products, completed the installation and commissioning at the Keyes ethanol plant in California of the first Mitsubishi ZEBREX™ system in North America, reducing overall energy use and lowering the carbon intensity of ethanol. The system is now fully operational, reducing energy costs and increasing biofuel value by more than $5 million per year.

Key Points: 
  • The system is now fully operational, reducing energy costs and increasing biofuel value by more than $5 million per year.
  • The cost of equipment, engineering and installation of the Mitsubishi ZEBREX system was approximately $10 million.
  • Aemetis expects to receive more than $1 million of grant funding from the PG&E and CPUC Energy Efficiency Program in support of the project.
  • Aemetis is focused on producing below zero carbon intensity renewable fuels, including negative carbon intensity renewable natural gas (RNG), sustainable aviation fuel (SAF), renewable diesel (RD), and bioethanol.

Alcoa Receives Funding to Pilot Carbon-Reduction Technology for Alumina Refining, Supporting Refinery of the Future Initiative

Retrieved on: 
Monday, April 11, 2022
Natural Resources, Manufacturing, Environment, Steel, Mining, Minerals, Real progress, Private Securities Litigation Reform Act, Alcoa World Alumina and Chemicals, Natural gas, AWAC, Continual improvement process, ARENA, Forward-looking statement, NYSE, Aluminium, Research, Corporation, MVR, Trinidad and Tobago Securities and Exchange Commission, Calcination, Carbon, Mechanical vapor recompression, Technology, Safety, Alumina Limited, AA, Efficiency, Steam, Engineering, Fresh water, Water, Security (finance), Future

Alcoa Corporation (NYSE: AA) today announced that Australian governments have provided $7.7 million of funding to conduct pilot trials on a new carbon reduction technology that supports Alcoas Refinery of the Future initiative.

Key Points: 
  • Alcoa Corporation (NYSE: AA) today announced that Australian governments have provided $7.7 million of funding to conduct pilot trials on a new carbon reduction technology that supports Alcoas Refinery of the Future initiative.
  • Calcination is the final stage in the alumina refining process and uses fossil fuels, primarily natural gas, to heat alumina hydrate crystals.
  • Alcoa (NYSE: AA) is a global industry leader in bauxite, alumina and aluminum products with a vision to reinvent the aluminum industry for a sustainable future.
  • All statements by Alcoa Corporation that reflect expectations, assumptions or projections about the future, other than statements of historical fact, are forward-looking statements.

Global Vacuum Evaporator Market (2018 to 2028) - Analysis & Trends - ResearchAndMarkets.com

Retrieved on: 
Friday, June 19, 2020
Other Manufacturing, Manufacturing, Articles, Evaporators, Energy, Mechanical vapor recompression, Vacuum, Heat pump, Rotary evaporator, Climbing and falling film plate evaporator

The "Global Vacuum Evaporator Market Analysis & Trends - Industry Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Vacuum Evaporator Market Analysis & Trends - Industry Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
  • The Global Vacuum Evaporator Market is poised to grow strong during the forecast period 2018 to 2028.
  • Based on the technology, the market is segregated into thermal vacuum evaporators, heat pump vacuum evaporators, and mechanical vapor recompression vacuum evaporators.
  • By product, the market is fragmented into centrifugal vacuum evaporator and rotary vacuum evaporator.

Global Vacuum Evaporators Market is Projected to Witness a CAGR of 6.9% From 2019 to 2024 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 4, 2020
Engineering, Other Manufacturing, Manufacturing, Articles, Evaporators, Nature, Contents, Food preservation, Industrial processes, Vacuum evaporation, MVR, Mechanical vapor recompression, Vacuum

The vacuum evaporators market is projected to grow from USD 2.2 billion in 2019 to USD 3.1 billion by 2024, at a CAGR of 6.9% from 2019 to 2024.

Key Points: 
  • The vacuum evaporators market is projected to grow from USD 2.2 billion in 2019 to USD 3.1 billion by 2024, at a CAGR of 6.9% from 2019 to 2024.
  • Formulation and stringent implementation of various regulations regarding the discharge of effluents are expected to drive the demand for vacuum evaporators.
  • The MVR vacuum evaporators segment is projected to lead the market, by type of technology, during the forecast period
    By type of technology, the MVR (mechanical vapor recompression) vacuum evaporators segment is projected to lead the vacuum evaporators market during the forecast period.
  • The vacuum evaporators market in Asia Pacific is projected to grow at the highest rate from 2019 to 2024.