Investors realize that future energy reserves will have to be produced from natural, renewable sources rather than from petroleum. Petroleum reserves are aging and production can’t keep up with demand. As a result, prices are rising for traditional oil & gas.
New technology must be delivered that will efficiently convert non-food biological material into transportation fuels. New processes must be environmentally friendly and supportive of agricultural infrastructure.
AETE brings a technology to the market that delivers the promise of tomorrow, today. Through the acquisition of Meridian Biorefining, Inc., AETE can now process common biomass such as sawdust, switchgrass, corn stover and other plant material into biofuels at a price that makes sense. This is done using advanced, low-heat processing technology licensed exclusively by Meridian for AETE.
Equally important, AETE will produce multiple outputs. Old business models are under stress because plants were designed to accept only one feedstock input and produce only one fuel output. For example, ethanol plants were designed to accept only corn and produce only ethanol – the result is both market and mechanical inefficiency.
AETE’s adjustable processing technology allows for the output to be adjusted to meet market demands. We can design to produce: cellulosic ethanol, biocrude, biodeisel, gasoline, butanol, biopolymers and bioplastics as well as other products normally produced from petroleum.
We expect AETE to become a leading producer of multiple biofuels using inexpensive feedstocks. Government mandates and high oil prices will continue to drive buyers to the market as we grow.
We hope you join us as a shareholder as we work to make the world a better, more environmentally friendly place.