This story was originally published in St. Louis Business Journal on November 16, 2017.
By Steph Kukuljan| bizjournals.com
“The millions of acres of corn and soybeans planted within a 500-mile radius — and the ethanol those crops can produce — can transform St. Louis into the next big disruptor of the energy sector, according to Eric McAfee, Silicon Valley venture capitalist and founder and CEO of Aemetis Inc. (NASDAQ: AMTX), a Cupertino, California-based renewable fuels and biochemicals company.
The ethanol industry contributed $42 billion to the U.S. gross domestic product in 2016, with the value of U.S. ethanol exports topping about $2.1 billion, according to the Renewable Fuels Association. The state Department of Agriculture reported Missouri exported about $1.3 billion of corn and soybeans in 2015…”
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