GEVO, Butamax
Date: 2021-09-24
Englewood, Colorado-headquartered GEVO, Inc. is reporting an asset purchase agreement with Butamax Advanced Biofuels LLC and its affiliate, Danisco US Inc., to acquire certain patents, leaving GEVO as the only entity with full rights to sublicense the entire GEVO/Butamax isobutanol and isobutanol derivatives patent estate in the fields of fuels, isooctane, industrial chemicals, isobutylene, oligomerized isobutylene, and para-xylene. The Asset Purchase Agreement closed on September 21, 2021 and is subject to certain existing rights and obligations.

The Asset Purchase Agreement provides GEVO with direct ownership and management over the entire known isobutanol patent portfolio of Butamax. Butamax previously entered into a patent cross-license agreement with GEVO effective as of August 22, 2015. (Source: GEVO, Website PR, 23 Sept., 2021) Contact: GEVO, Dr. Chris Ryan, CEO, 303-858-8358, cryan@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Butamax,  Isobutanol,  Danisco,  

Argonne National Laboratory, GEVO
Date: 2021-09-22
Englewood, Colorado-headquartered energy-dense liquid hydrocarbons -- sustainable aviation fuel (SAF) and renewable petroleum -- producer GEVO Inc. reports it is partnering with the US DOE Afgonne National Laboratory to perform a critical lifecycle analysis of GEVO's next-generation technology.

Using data provided by Gevo, ANL's Greenhouse Gases, Regulated Emissions and Energy use in Technologies Model (GREET) is expected to yield results regarding carbon footprints of these fuels within a few months.

GREET's lifecycle analysis considers a host of different fuel production pathways including energy use, emissions of greenhouse gases and air pollutants, water consumption related to the production processes, as well as the whole of the fuel pathway system from capturing carbon via photosynthesis to the final burning of the fuel.

The effort is being funded by the DOE Bioenergy Technologies Office (BETO), which is part of the Office of Energy Efficiency and Renewable Energy (EERE). (Source: ANL, GEVO, PR Sept., 2021) Contact: Gevo, Dr. Chris Ryan, CEO, 303-858-8358, cryan@gevo.com, www.gevo.com; Argonne National Lab, 630-252-2000, www.anl.gov

More Low-Carbon Energy News Argonne National Laborator,  GEVO,  Biofuel,  SAFy ,  

Chevron, Gevo
Date: 2021-09-17
Chevron U.S.A. Inc., a subsidiary of Chevron Corp., and Gevo Inc. are reporting a letter of intent to jointly invest in building and operating one or more new facilities that would process inedible corn to produce sustainable aviation fuel (SAF), proteins and corn oil.

Gevo would operate its proprietary technology to produce sustainable aviation fuel and renewable blending components for motor gasoline to lower its lifecycle carbon intensity. In addition to co-investing with Gevo in one or more projects, Chevron would have the right to offtake approximately 150 million gallons per year to market to customers. (Source: Gevo, PR, Website, 9 Sept., 2021) Contact: Gevo, Dr. Chris Ryan, CEO, 303-858-8358, cryan@gevo.com, www.gevo.com; Chevron, www.chevron.com

More Low-Carbon Energy News Chevron,  Gevo,  SAF,  

Gevo
Date: 2021-09-08
Englewood, Colorada-headquartered isobutanol producer Gevo, Inc. reports it plans to install an alcohol-to-hydrocarbon process pilot unit at its facility located in Luverne, Minnesota. The pilot unit is being designed to produce market development quantities of sustainable aviation fuel (SAF), renewable premium gasoline and other renewable fuel products, as well as supply market development quantities of chemical products. The installation is estimated to begin in Q3 2022 with start-up demonstration production expected in Q4 2022.

In addition, the company expects to test and evaluate certain potential unit operations that may be incorporated into Gevo's state-of-the-art Net-Zero 1 production facility that is expected to begin production in 2024 in Lake Preston, South Dakota. Installation of the pilot unit at the Gevo-Luverne facility is part of the plan to use the facility as a technology development and piloting site. The pilot unit will also be used in training of employees for Net-Zero 1 and other future projects. (Source: Gevo, Website PR, 7 Sept., 2021) Contact: Gevo, Dr. Chris Ryan, CEO, 303-858-8358, cryan@gevo.com, www.gevo.com

More Low-Carbon Energy News Gevo,  GEVO,  Isobutanol,  Biofuel,  SAF,  

Gevo, GEVO
Date: 2021-09-01
Englewood, Colorado-based Gevo, Inc. reports it has filed air quality and wastewater permit applications for its 45 million gpy Net-Zero 1 project in Lake Preston, South Dakota, with the South Dakota Department of Agriculture & Natural Resources.

According to the Gevo website, "The concept of a Net-Zero Project is to convert renewable energy (photosynthetic, wind, renewable natural gas, biogas) from a variety of sources into energy dense liquid hydrocarbons that when burned in traditional engines, have the potential to achieve net-zero greenhouse gas (GHG) emissions across the whole lifecycle of the liquid fuel: from the way carbon is captured from the atmosphere, processed to make liquid fuel products, and including the burning as a transportation fuel."

Net-Zero 1 is currently expected to have a capacity of 45 million gpy of hydrocarbons (for gasoline and jet fuel, based on current take-or-pay contracts), to produce more than 350,000,000 ppy of high protein feed products for use in the food chain, to produce enough renewable natural gas to be self-sufficient for the production process needs, and also to generate renewable electricity with a combined heat and power system. Net-Zero 1 is also expected to utilize wind energy. (Source: Gevo, Website PR, Aug., 2021) Contact: Gevo, Dr. Chris Ryan, CEO, 303-858-8358, cryan@gevo.com, www.gevo.com

More Low-Carbon Energy News Gevo,  GEVO,  

GEVO, Gevo
Date: 2021-08-20
Englewood, Colorad0-based Gevo, Inc. has published IMPACT, a sustainability report which demonstrates the company's mission to be transparent on its environmental, social, and corporate governance (ESG) performance.

In addition to disclosing Gevo's progress in 2020 and goals for the future, IMPACT shares details on Gevo's holistic approach to commercializing high-value nutritional products and groundbreaking energy-dense, renewable transportation fuels. The report also demonstrates the company's environmental stewardship, workplace culture and internal leadership.

Download Gevo's full IMPACT report HERE. (Source: GEVO, Website PR, 16 Aug., 2021) Contact: GEVO Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Gevo,  

Gevo, GEVO
Date: 2021-08-20
Gevo reports it has rebooted production of fuel-grade, renewable isobutanol (IBA) at its renewable fuels facility in Luverne, Minnesota. The Luverne plant as shutted last spring after the slowdown caused by the COVID-19 pandemic.

The IBA will be used as a feedstock for sustainable aviation fuel (SAF) and renewable premium gasoline production to fulfill existing sales contracts. These renewable hydrocarbons will be produced in Silsbee, Texas at the South Hampton Resources, Inc. hydrocarbon production facility. Gevo also expects to utilize some of the IBA produced to develop certain IBA specialty markets.

The Luverne facility will also allow Gevo to test and evaluate certain potential unit operations that may be incorporated into the company's Net-Zero 1 production facility that is expected to begin production in 2024 in Lake Preston, South Dakota, according to the release. (Source: Gevo, PR, Aug., 2021) Contact: GEVO Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News Gevo,  GEVO,  Isobutanol,  Biofuel ,  

Gevo, GEVO, bp
Date: 2021-08-11
Further to our 3rd May coverage, Englewood, Colorado-based Gevo Inc. reports its wholly-owned dairy manure-based renewable natural gas (RNG) project company -- Gevo NW Iowa RNG, LLC (NW Iowa RNG) has inked agreements with BP Canada Energy Marketing Corp. and BP Products North America Inc. for the sale of NW Iowa RNG's production.

The NW Iowa RNG project, which is currently under construction for production early nest year, is slated to produce roughly 355,000 MMBtu of RNG per year for sale into the California market under dispensing agreements bp has in place with Clean Energy Fuels Corp., the largest fueling infrastructure in the US for RNG. (Source: Gevo, PR, Website, 10 Aug., 2021) Contact: GEVO Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com; Clean Energy Fuels, Andrew J. Littlefair, Pres., CEO, Raleigh Gerber, 949-437-1397, raleigh.gerber@cleanenergyfuels.com, www.cleanenergyfuels.com

More Low-Carbon Energy News Gevo,  GEVO,  RNG,  bp,  Clean Energy Fuels,  

GEVO, Cray Valley
Date: 2021-05-07
Exton, Pennsylvania-headquartered Total Cray Valley and Englewood, Colorado-based GEVO Inc. are reporting completion of Phase 1 of their Joint Development Agreement (JDA) to upgrade fusel oils into renewable isoamylene. Phase 2 will scale up GEVO's technology at a demonstration scale.

Fusel oils, made during the production of ethanol, equate to approximately 1 million tons of bio-based feedstock. The JDA, signed in 2020, is based on GEVO's chemical-based catalytic processes that selectively convert low-value fusel oils, a mixture of alcohols that are byproducts from fermentation processes such as ethanol or isobutanol production, into higher-value renewable chemicals such as isoprene, ketones, aldehydes, or olefins, in this case isoamylene, which has various industrial applications.

Total Cray Valley is a global supplier of specialty chemical additives, hydrocarbon specialty chemicals, and liquid and powder "tackifying" resins used as ingredients in adhesives, rubbers, polymers, coatings and other materials. The company pioneered the development of these advanced technologies, introducing hundreds of products that enhance the performance of products in energy, printing, packaging, construction, tire manufacture, electronics, and other demanding applications. (Source: GEVO, Website PR, 3 May, 2021) Contact: TOTAL, Valerie Goff, Snr. VP Polymers, Investor Relations, +44 (0)207 719 7962, ir@total.com, www.total.com; GEVO,, Dr. Paul Bloom, CTO, www.gevo.com; Total Cray Valley, www.crayvalley.com

More Low-Carbon Energy News GEVO,  Cray Valley,  

GEVO
Date: 2021-05-03
Following up on our April 19 coverage, Englewood, Colorado-based Gevo, Inc. reports it has broken ground on its Renewable Natural Gas (RNG) from dairy cow manure project in Northwest Iowa. Upon completion and commissioning early in 2022, the facility is expected to generate roughly 355,000 MMBtu of RNG per year and significantly reduce methane from being released into the atmosphere.

According to the release, Gevo's mission is to transform renewable energy and carbon into energy-dense liquid hydrocarbons that can be used for drop-in transportation fuels such as gasoline, jet fuel and diesel fuel, that when burned have the potential to yield net-zero greenhouse gas emissions when measured across the full life cycle of the products.

Gevo uses low-carbon renewable resource-based carbohydrates as raw materials and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, according to the release. (Source: GEVO, Website PR, 30 Apr., 2021) Contact: GEVO Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  RNG,  

GEVO
Date: 2021-04-19
Englewood, Colorado-headquartered GEVO, Inc. reports it has closed a $68,155,000 "Green Bond" private activity bonds offering to finance the construction of its dairy cow manure renewable natural gas (RNG) project in Northwest Iowa.

Feedstock for the RNG Project will be supplied by three dairy farms located in Northwest Iowa totaling over 20,000 milking cows. When fully operational, the RNG Project is expected to generate approximately 355,000 MMBtu of RNG per year. Construction of the RNG Project is expected to begin by the end of April 2021 and start up is expected in early 2022. The proceeds of the Green Bond Offering, combined with Gevo equity, will be used to finance the construction of the RNG Project which will incorporate three anaerobic digesters and related equipment. (Source: GEVO, PR, Website 15 Apr., 2021)Contact: GEVO Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  RNG,  

Clean Fuel Standard
Date: 2021-03-19
In Santa Fe, the New Mexico State Senate has approved the state's Clean Fuel Standard Act (CFS) requiring a minimum 10 pct decrease in the carbon intensity of transportation fuels below 2018 levels rising to a 28 pct by 2040. The act was originally tabled on 19 Jan, 2021.

Fuel producers and importers could meet the CFS by producing sufficiently low-carbon fuels or by purchasing credits generated from any business in any sector of the state's economy, including the agriculture, chemical, dairy, energy, forestry, manufacturing, mining, oil and gas, waste management and wastewater treatment industries.

Also this month, the New Mexico Clean Fuel Coalition was formed in conjunction with the CFS. Coalition members include: Advanced Biofuels Community Fuels, BIO, the Coalition for Renewable Natural Gas, Darling Ingredients, EcoEngineers, Fulcrum Bioenergy, Gevo, Iogen Corp., LanzaTech, Novozymes, Neste, Oberon Fuels, Poet, Renewable Energy Group, and Velocys. (Source: New Mexico Legislature, PR, Mar., 2021) Contact: New Mexico Clean Fuel Coalition, www.lcfcoalition.com

More Low-Carbon Energy News Clean Fuel Standard,  

GEVO, SAS
Date: 2021-02-26
Englewood, Colorado-based biobutanol, ethanol and SAF producer GEVO, Inc. and Scandinavian Airlines System (SAS) are reporting an amendment to their previously signed, October 2019 sustainable aviation fuel (SAF) sales agreement. With the amendment, SAS will increase its minimum purchase of sustainable aviation fuel (SAF) to 5,000,000 gallons per year.

GEVO expects to begin supplying SAF from its Net-Zero Projects to SAS at the beginning of 2024. The Net-Zero Projects are being designed to produce liquid hydrocarbons in the form of SAF and renewable gasoline. Each Net-Zero Project is expected to produce approximately 45 million gpy of liquid hydrocarbons and at least 350,000,000 lbs/yr of high protein animal feed. (Source: GEVO, PR, Website, 24 Feb., 2021)Contact: GEVO Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  SAF,  Aviation Biofuel,  

GEVO
Date: 2021-01-22
Englewood, Colorado-based biobutanol and ethanol producer GEVO, Inc. reports it has entered into definitive agreements with institutional and accredited investors for the sale of an aggregate of 43,750,000 shares of common stock at a purchase price of $8.00 per share in a registered direct offering priced at-the-market under Nasdaq rules.

The offering is expected to gross $350 million, prior to placement fees and expenses. The net proceeds will be used to fund capital projects, working capital and for general corporate purposes.

H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering. Citigroup is acting as capital markets advisor to GEVO. (Source: GEVO, Website PR, 20 Nov., 2020) Contact: GEVO Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  

GEVO,Gevo
Date: 2021-01-13
Englewood, Colorado-based biobutanol and ethanol producer GEVO Inc. is touting the concept of Net-Zero (carbon emissions) Projects for the production of energy dense liquid hydrocarbons using renewable energy and the company's proprietary technology.

A Net-Zero Project aims to convert renewable energy such as photosynthetic, wind, renewable natural gas (RNG), biogas, from various sources into energy dense liquid hydrocarbons that achieve net-zero greenhouse gas (GHG) emissions across the fuel's whole lifecycle -- from the way carbon is captured from the atmosphere, and processed to make liquid transportation fuel products.

Net-Zero 1 to be constructed at Lake Preston, South Dakota is expected to have a capacity of 45 MMgy of hydrocarbons (for gasoline and jet fuel, based on current take-or-pay contracts) and to produce more than 350 million ppy per year of high protein feed products as well as produce sufficient renewable natural gas (RNG) to meet production process needs.

Net-Zero 1 is projected to come in at roughly $700 million including the hydrocarbon production and related renewable energy infrastructure which includes anaerobic digestion to produce biogas to run the plant and generate electricity on-site. (Source; GEVO, PR, 11 Jan., 2021.

In other GEVO news as of December 31, 2020, the company paid off the outstanding balance of $12.7 million in 12 pct convertible senior secured notes and reduced the group's general corporate secured debt balance to zero, according to a GEVO release.

As reported on 8 Jan., GEVO Inc. has contracted with Koch Industries' Houston-headquartered subsidiary Koch Project Solutions, LLC to provide front-end engineering, design and project execution management services for the expansion projects that GEVO is in the process of financing with Citigroup Global Markets, Inc. (Source: GEVO Inc., Jan, 2021) Contact: GEVO Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Gevo,  Net Zero Emissions,  RNG,  Alternative Fuel,  

GEVO
Date: 2021-01-11
Englewood, Colorado-headquartered ethanol and isobutanol producer GEVO Inc. reports it has contracted with Koch Industries' Houston-headquartered subsidiary Koch Project Solutions, LLC to provide front-end engineering, design and project execution management services for the expansion projects that GEVO is in the process of financing with Citigroup Global Markets, Inc.

"GEVO's focus is on drop-in renewable resource-based hydrocarbons with a massively reduced carbon footprint. These hydrocarbons are the same as those derived from fossil-based oil, except that we make them from renewable resources. Because we use renewable resources, we can see how to reduce and eliminate tailpipe emissions, on a net-carbon basis and also reduce or even eliminate the pollutants that contribute to smog," GEVO CEO Patrick Gruber noted. (Source: GEVO, PR, 6 Jan., 2021) Contact: Koch Project Solutions, www.kochprojectsolutions.com; GEVO Inc., Patrick Gruber, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News Gevo,  Renewable Fuel,  Biofuel,  

GEVO
Date: 2021-01-08
Englewood, Colorado-headquartered ethanol and isobutanol producer GEVO Inc. reports that, as of December 31, 2020, the company has paid off the outstanding balance of $12.7 million in 12 pct convertible senior secured notes exchanged and issued to Whitebox Advisors LLC last January.

On December 23 and December 29, the holders of the notes converted the remaining $12.7 million into an aggregate of 5.6 million shares of Gevo common stock. The conversion saved GEVO $12.7 million in cash and reduced the group's general corporate secured debt balance to zero, according to the release.

GEVO is commercializing the next generation of gasoline, jet fuel, and diesel fuel with the potential to achieve zero carbon emissions, addressing the market need to reduce greenhouse gas emissions with sustainable alternatives, according to its website. (Source: GEVO Inc., PR 6 Jan., 2021) Contact: GEVO Inc., Patrick Gruber, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  

GEVO, AvFuel
Date: 2020-12-14
Englewood, Colorado-based GEVO reports it has supplied sustainable aviation duel (SAF) to Ann Arbor, Michigan-based global fuel supplier Avfuel Corporation Leading Edge Jet Center, a provider of business aviation services throughout the Pacific Northwest.

The delivery marks the first load of sustainable aviation fuel for an FBO at Washington State's King County International Airport Boeing Field (BFI) for resale to its customers.(Source: GEVO, PR, Dec., 2020) Contact: GEVO Inc., Patrick Gruber, 303-858-8358, pgruber@gevo.com, www.gevo.com, gevo.com/products/sustainable-aviation-fuel; Avfuel Corp., Keith Sawyer, Alt. Fuels Manager, (734) 663-6466, www.avfuel.com

More Low-Carbon Energy News GEVO,  AvFuel,  SAF,  Aviation Biofuel,  

GEVO
Date: 2020-10-21
Englewood, Colorado-headquartered ethanol and isobutanol producer GEVO Inc. is reporting a joint development agreement with TOTAL Cray Valley, part of TOTAL's Polymers division, to upgrade fuselol (fusel oils) from ethanol production into renewable Isoamylene at its plant in Beaumont, Texas. Fuselol alcohols are mixtures of several higher alcohols produced as a by-product of alcoholic fermentation.

Isoamylene is used in resins, pesticides, flavors and fragrances, pharmaceuticals, healthcare products, adhesives, antioxidants, and UV stabilizers and various other applications.

"This collaboration is a spinoff of GEVO's chemical-based catalytic processes that selectively converts low-value fusel oils, a mixture of alcohols that are byproducts from fermentation processes such as ethanol or isobutanol production, into renewable isoprene, ketones, aldehydes or olefins. Fuselol from the ethanol industry alone equate to about 2.5 million tons of potential bio-based waste feedstock and this alliance will be another move towards the delivery of low carbon sustainable chemicals," according to the release. (Source: Gevo, Website PR, Oct, 2020) Contact: GEVO Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com; TOTAL Cray Valley, Elizabeth Chapmon, (409) 291-7310, elizabeth.chapmon@total.com, www.total.com

More Low-Carbon Energy News GEVO,  

GEVO
Date: 2020-09-23
In a press release, Englewood, Colorado-based GEVO Inc. welcomed two announcements from the Scandinavian region regarding Sustainable Aviation Fuel (SAF).

As part of Sweden's target to be fossil-free by 2040, the Swedish Government on September 11 announced its intention to introduce a greenhouse gas reduction mandate for aviation fuel. The mandated reduction level is expected to be 0.8 pct in 2021 increasing to 27 pct by 2030, with most of the savings expected to come from the use of SAF.

As previously reported, Norway announced it would introduce a 0.5 pct biofuel blending mandate leading to a 30 pct share of biofuels in the aviation sector by 2030.

GEVO notes its SAF product is approved for use in commerce and has already been used to power numerous commercial flights. The company says it "looks forward to increasing its SAF production to help countries like Sweden and Norway in the battle to reduce Greenhouse gas emissions." (Source: GEVO, Website PR, 21 Sept., 2020)Contact: GEVO Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Aviation Biofuel,  SAF,  

Gevo,GEVO
Date: 2020-09-11
Englewood, Colorado-headquartered Gevo, Inc. provided the following 8th Dept. update on its business and strategic plan:

Gevo recently raised approximately $46 million, net of expenses, from a Registered Direct Offering and approximately $16 million as a result of warrant exercises. This capital infusion substantially improves Gevo's ability to execute on its strategic plans.

Gevo continues to pursue a licensing and developer strategy that is expected to enable the construction of up to three production facilities and capacity expansions. The production facilities and expansions are needed to provide the product required under its existing and expected, future take-or-pay, off-take agreements. The licensing and developer strategy should reduce or eliminate the need for Gevo construction capital by utilizing project-level debt and third-party equity.

Gevo continues to seek a targeted capital raise of $200 million of project-level equity using a project financing structure to build up to three production facilities. The first expanded production facility or project is expected to be located at Gevo's current production facility located in Luverne, Minnesota.

As previously announced, Gevo engaged Citigroup Global Markets Inc. to lead a process to develop the three projects and procure the capital needed by Gevo to build up to three production facilities. Gevo expects it will take approximately one year to develop and close the financing for the first project. Assuming Gevo successfully closes on a financing in the next 12 months, Gevo would expect production of hydrocarbon fuels from the first project in late 2023 or early 2024.

Additionally, Gevo noted it currently has approximately $81 million in cash on the balance sheet and will continue to develop the marketplace and try to create additional customer demand for its next generation of renewable premium gasoline, jet fuel and diesel fuel products that have the potential to achieve zero carbon emissions, while addressing the market need of reducing greenhouse gas emissions with sustainable alternatives. (Source: Gevo, PR, Website News, 8 Sept., 2020)Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Gevo,  

GEVO,Gevo
Date: 2020-09-09
Englewood, Colorado-headquartered GEVO Inc. provided the update on its business and strategic plan today, 8 Sept.:

GEVO recently raised approximately $46 million, net of expenses, from a Registered Direct Offering and approximately $16 million as a result of warrant exercises. This capital infusion substantially improves the company's ability to execute on its strategic plans.

GEVO continues to pursue a licensing and developer strategy that is expected to enable the construction of up to three production facilities and capacity expansions. The production facilities and expansions are needed to provide the product required under its existing and expected, future take-or-pay, off-take agreements. The licensing and developer strategy should reduce or eliminate the need for GEVO construction capital by utilizing project-level debt and third-party equity.

GEVO continues to seek a targeted capital raise of $200 million of project-level equity using a project financing structure to build up to three production facilities. The first expanded production facility or project is expected to be located at Gevo's facility in Luverne, Minnesota.

As previously announced, GEVO engaged Citigroup Global Markets Inc. to lead a process to develop the three projects and procure the capital needed by the company to build up to three production facilities. GEVO expects it will take approximately one year to develop and close the financing for the first project. Assuming Gevo successfully closes on a financing in the next 12 months, GEVO would expect production of hydrocarbon fuels from the first project in late 2023 or early 2024.

Additionally, the GEVO release noted it currently has approximately $81 million in cash on the balance sheet and will continue to develop the marketplace and try to create additional customer demand for its next generation of renewable premium gasoline, jet fuel and diesel fuel products that have the potential to achieve zero carbon emissions, while addressing the market need of reducing greenhouse gas emissions with sustainable alternatives. (Source: Gevo, PR, Website News, 8 Sept., 2020)Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Isobutanol,  SAF,  Aviation Biofuel,  

Gevo
Date: 2020-09-02
Englewood, Colorado-headquartered Gevo, Inc. is reporting Peak Value IP LLC has completed and set a $412 million valuation of intellectual property including trade secrets, know-how, patents and patent applications (collectively the IP) across the world that can be licensed and monetized by Gevo.

Peak Value used an "income approach' to estimate the value, focusing on discounted projected cash flows from direct Gevo-sponsored projects and potential out-licensing within a renewable biofuel production market. Gevo paid Peak Value to perform the evaluation pursuant to an IP Valuation Engagement Agreement. (Source: Gevo, PR Website, 28 Aug., 2020)Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News Gevo,  Renewable Fuel,  Biofuel,  

Biofuel
Date: 2020-08-26
According to 360 Market Updates' recently released Global Lignocellulosic Feedstock-based Biofuel Market report, the market is expected to grow at a CAGR of 27.84 pct from 2020 to 2023, driven in great part by the growing adoption of bioethanol as a transport fuel.

The report notes the global lignocellulosic feedstock-based biofuel market is poised to grow by $7.83 billion during 2020-2024, progressing at a CAGR of 32 pct during the forecast period.

The report identifies the top manufacturers/players including: Abengoa SA, China Petroleum & Chemical Corp., Clariant International Ltd., DuPont de Nemours Inc., Fiberight LLC, Gevo Inc., GranBio Investimentos SA, Iogen Corp, Neste Oyj, and New Energy Blue LLC. (Source: 360 Market Updates, 26 Aug., 2020) Contact: 360 Market Updates, www.360marketupdates.com

More Low-Carbon Energy News Bioethanol,  Ethanol,  Lignocellulosic,  Biofuel,  

GEVO
Date: 2020-08-21
Englewood, Colorado-based Gevo, Inc. reports it has entered into definitive agreements with institutional and accredited investors for the sale of an aggregate of 38,461,545 shares of common stock at a purchase price of $1.30 per share in a registered direct offering priced at-the-market under Nasdaq rules. The offering is expected to close on or about August 25, 2020, subject to the satisfaction of customary closing conditions.

Offering proceeds are expected to be $50 million, before placement agent (H.C. Wainwright & Co.) fees and other offering expenses. GEVO intends to use the net proceeds for working capital and general corporate purposes, which may include the repayment of outstanding indebtedness.

GEVO is commercializing the next generation of renewable premium gasoline, jet fuel and diesel fuel with the potential to achieve zero carbon emissions, addressing the market need of reducing greenhouse gas emissions with sustainable alternatives. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity, according to the company. (Source: GEVO, PR, Website, 20 Aug., 2020) Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Ethanol,  Biobutanol,  Biofuel,  

GEVO, Praj Industries
Date: 2020-08-19
Following up on our April, 2019 coverage, isobutanol producer GEVO Inc. and Pune, India-based Praj Industries Ltd are reporting a binding, definitive Master Framework Agreement (MFA) to collaborate on providing renewable, sustainable aviation fuel (SAF) and renewable premium gasoline in India and neighboring countries.

Under their agreement, Gevo will license its technology to Praj which will provide technology, plant equipment and EPC services to sugar mills and ethanol plants to produce renewable isobutanol from sugar cane juice, cane molasses, sugar syrup as well as cellulosic biomass such as straws, bagasse, and others. Praj will also provide technology, plant equipment and EPC services to refineries for converting renewable isobutanol into SAF and premium gasoline through the ASTM-approved pathway of alcohol-to-jet fuel(ATJ). The agreement also allows Praj to carry out basic engineering and design package services, supply equipment, build plants and use jointly developed process design package to produce renewable isobutanol for plant operators who are licensed by Gevo. (Source: GEVO, PR, Green Car Congress, 18 Aug., 2020)Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com; Praj Industries Ltd., Dr. Ravindra Utgikar , Bus. Dev. info@praj.net, www.praj.net

More Low-Carbon Energy News GEVO,  Praj Industries,  Isobutanol,  SAF,  Aviation Biofuel,  

GEVO
Date: 2020-08-12
"Revenue for the three months ended June 30, 2020 was $1.0 million compared with $5.1 million in the same period in 2019. During the three months ended June 30, 2020, hydrocarbon revenue was $0.9 million compared with $0.1 million in the same period in 2019 as a result of increased shipments of finished products from our demonstration plant at the South Hampton Resources, Inc. facility in Silsbee, Texas.

" Gevo's hydrocarbon revenue is comprised of sales of alcohol-to-jet fuel, isooctane and isooctene. During the second quarter of 2020, revenue derived at the Luverne Facility related to ethanol sales and related products was $0.1 million, a decrease of approximately $5.0 million from the same period in 2019. As a result of COVID-19 and in response to an unfavorable commodity environment, we terminated our production of ethanol and distiller grains in March 2020, which resulted in lower sales for the period.

"Cost of goods sold was $2.6 million for the three months ended June 30, 2020, compared with $8.5 million in the same period in 2019, primarily as a result of terminating ethanol production as a result of COVID-19 and in response to an unfavorable commodity environment. Cost of goods sold included approximately $1.0 million associated with the production of isobutanol and related products and maintenance of the Luverne Facility and approximately $1.6 million in depreciation expense for the three months ended June 30, 2020.

"Gross loss was $1.7 million for the three months ended June 30, 2020, versus a $3.4 million gross loss in the same period in 2019." (Source: Gevo Website Release, 10 Aug., 2020) Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News Gevo,  GEVO,  

Gevo
Date: 2020-07-15
Englewood, Colorado based Gevo, Inc. reports it has closed the previously announced public offering of an aggregate of 30,000,000 shares of common stock (or common stock equivalents), together with accompanying warrants to purchase up to an aggregate of 30,000,000 shares of common stock, at a public offering price of $0.60 per share and accompanying warrant.

The gross proceeds of the offering were $18.0 million, before agent's fees and other offering expenses, will be used for general corporate purposes.

Gevo is commercializing the next generation of renewable premium gasoline, jet fuel and diesel fuel with the potential to achieve zero carbon emissions, addressing the market need of reducing greenhouse gas emissions with sustainable alternatives. Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity, according to the company website. (Source: Gevo Website, July, 2020) Contact: Gevo Inc., Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News Gevo,  

Transparency Market Research
Date: 2020-07-06
According to a recent report from Transparency Market Research, the global isobutanol market was valued at $679.7 million (US) in 2016 and is likely to reach $1,069.9 million by 2025, expanding at a CAGR of 5.2 pct between 2017 and 2025.

The report notes a large number of small and large companies companies are putting more focus on reducing their dependence on conventional feedstock derived from crude oil as a way to reap benefits from the rising demand for biofuels, bio-based products.

Some of the leading companies in the market are The Dow Chemical Company, Mitsubishi Chemical Corporation, BASF SE, Eastman Chemical Company, Gevo, Grupa Azoty S.A., Saudi Butanol Company, Andra Perteochemicals Limited, and Oxea GmbH.

Request a report PDF Brochure HERE. (Source: Transparency Market Research, July, 2020) Contact: Transparency Market Research, (518) 618-1030 , (866) 552-3453 (US-Canada Toll Free), www.transparencymarketresearch.com

More Low-Carbon Energy News Isobutanol news,  Biofuel news,  

Minnesota Ethanol,Ethanol
Date: 2020-06-08
In the Badger State, three of the four recently COVID-19 battered and shuttered ethanol plants in Minnesota are reported to have rebooted production -- Guardian Energy 149 million gpy ethanol plant in Janesville, Granite Falls Energy, and the Denco II ethanol plant in Morris. Of the four shuttered plants, only Gevo's facility in Luverne, the state's smallest ethanol plant, remains closed.

Nationwide, roughly 20 pct of all ethanol plants are still idle, according to the Renewable Fuels Association. U.S. ethanol production rose to 765,000 bpd for the week ending May 29, up from a historic low of 537,000 bpd for the week ending April 24, according to data from the U.S. Energy Information Administration (EIA). (Source: MSN, Star Tribune, 4 June, 2020)

More Low-Carbon Energy News Ethanol news,  Guardian Energy news,  Gevo news,  Granite Falls news,  

GEVO
Date: 2020-05-04
Englewood, Colorado-based biobutanol producer GEVO Inc. reports it has temporarily suspended production at its Luverne, Minn. and laid off workers and cut wages and executive salaries due to the overall economic disruption caused by COVID-19 pandemic.

Gevo expects to continue the production of renewable isooctane and sustainable aviation fuel from the plant in Silsbee, Tex. The company also intends to continue developing its hydrocarbon business, including the planned expansion of the Luverne facility, and will continue to move forward in securing the project funding needed to expand the Luverne facility. The expansion is designed to allow Gevo to produce large quantities of low carbon isobutanol, sustainable aviation fuel and renewable isooctane. (Source: Gevo, Cdn Biomass, 30 April, 2020) Contact: GEVO, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Ethanol,  Biobutanol,  Biofuel,  

Aviation Biofuels
Date: 2020-04-20
The recently release Global Aviation Alternative Fuel market report from Report Hive is a comprehensive study focused on market influencing factors, competitive landscape, data, trends, information, and exclusive vital statistics of the market. The study investigates the Aviation Alternative Fuel industry competitors, distribution, Aviation Alternative Fuel growth potential, potentially disruptive trends, product innovations, market size value/volume on a regional, national and global level.

The report identifies key industry and market players -- GE Aviation, Rolls-Royce, SkyNRG, Swedish Biofuels, UOP, Amyris, AltAir Fuels, Byogy Renewables, Fulcrum BioEnergy, Gevo, Sasol, Mobil, and Syntroleum Corporation -- their products and production capacity, market share and other relevant aviation alternative fuel data.

Free Sample PDF (including full TOC, Tables and Figures) of the Global Aviation Alternative Fuel Market report HERE. Report purchase details HERE. (Source: Report Hive Research, April, 2020) Contact: Report Hive Research, 312-604-7084, sales@reporthive.com, www.reporthive.com

More Low-Carbon Energy News Aviation Biofuel,  

GEVO,Citigroup Global Markets
Date: 2020-04-03
Englewood, Colorado-based biobutanol producer GEVO Inc reports it has engaged Citigroup Global Markets, Inc. to assist in exploring financing for its operations.

Gevo is looking for financing to expand its production capabilities to supply its renewable jet fuel and isooctane pursuant to Gevo's "take or pay" contracts with Delta Air Lines, Inc. and HCS Group GmbH.. (Source: GEVO, PR, 2 April, 2020)Contact: Citigroup Global Markets Inc., www.citibank.com/mss/solutions/citi-futures/global-markets-inc; GEVO, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News Gevo,  GEVO,  Jet Fuel,  Aviation Biofuel,  SAF,  

Gevo,Viva Energy Australia
Date: 2020-03-09
Following up on our 28th Feb. coverage, Englewood, Colorado-based biobutanol producer GEVO Inc. reports it has inked an agreement with Australian fuel supplier and refiner Viva Energy Australia, exclusive supplier of Shell fuels and lubricants in Australia, to collaborate on a project to convert regionally sourced biomass into sustainable jet fuel (SAF) and renewable gasoline (RNG).

Under their agreement, the two companies will "develop and enhance commercial and advocacy relationships to further foster the use of renewable hydrocarbons, including sustainable aviation fuel (SAF) in Queensland and, more broadly, the country of Australia." The project is supported by the Queensland government Waste to Biofuels funding initiative. (Source: Gevo Inc., 5 Mar., 2020)Contact: GEVO, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com; Viva Energy Australia, Scott Wyatt, CEO, www.vivaenergy.com.au

More Low-Carbon Energy News SAF,  RNG,  Biomass,  Gevo,  Viva Energy Australia,  

Gevo
Date: 2020-02-28
Englewood, Colorado-based biobutanol producer GEVO Inc. reports receipt of part of The Queensland Waste to Biofutures (W2B) Fund to support the development of waste to biofutures projects in Queensland, Australia.

The W2B fund provides targeted funding for pilot, demonstration or commercially scalable biorefinery projects in Queensland that use conventional waste streams or biomass to produce bioenergy, biofuels and high-value bioproducts.

For this project, Gevo is evaluating the most likely 2G biomass to carbohydrate conversion process to use in conjunction with its proven carbohydrate to low carbon biofuel process. (Source: GEVO Website, PR, 27 Feb.,2020) Contact: GEVO, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com; Queensland Waste to Biofutures Fund, www.qtic.grantguru.com.au/grant/queensland-waste-to-biofutures-fund-w2b-fund-/

More Low-Carbon Energy News GEVO,  Biobutanol,  Biomass,  Biofuel Feedstock,  

Biobutanol
Date: 2020-01-22
Biobutanol Market Pegged for Robust Expansion by 2024 With the increase in population our demand for energy is also increasing day by day, hence we are always looking for some alternate source of energy that can fulfill our energy demands.

Biobutanol can be used as a substitute of gasoline as a cleaner fuel. Europe and North America are two major markets for Biobutanol. Key players in the market that are producing Biobutanol includes: Arbor Biofuels, Butalco GmBH, Bioenergy International, Butamax advanced Biofuels LLC (DuPont/British Petroleum), Cobalt Biofuels, Gevo, GreenBiologics and others, according to the report.

Report details and PDF brochure is available HERE. (Source: Transparency Market Research, PR, 21 Jan., 2020) Contact: Transparency Market Research, 866-552-3453 - (US-Canada Toll Free), rohit@transparencymarketresearch.com, www. transparencymarketresearch.com

More Low-Carbon Energy News Biobutanol,  

GEVO
Date: 2020-01-17
Englewood, Colorado-based renewable fuels and chemicals manufacturer GEVO Inc. reports it is partnering with three dairy farms that will provide manure to be converted into pipeline-quality biogas -- renewable natural gas (RNG). The three dairy farms expect to generate roughly 350,000 MMBTU of biogas per year for sale to off-takers, or to be used by Luverne, Minn.-based Agri-Energy ,LLC, a Gevo affiliate.

Through the new contracts, GEVO is aiming to reduce and eliminate the fossil footprint caused by running its biofuels production facility in Luverne, Minnesota. (Source: GEVO, Bioenergy Insight, Jan., 2020) Contact: GEVO, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com; Agri-Energy, 507-283-9297, www.agrienergy.us

More Low-Carbon Energy News GEVO,  Renewable Natural Gas,  RNG,  

GEVO
Date: 2019-12-18
Englewood, Colorado-based Gevo, Inc. is reporting a long-term offtake agreement under which air carrier Delta Airlines will purchase 10 million gpy of advanced renewable biofuels from Gevo. The agreement complements the airline's recent $2 million investment in Northwest Advanced Bio-fuels, LLC for a feasibility study of a facility to produce sustainable aviation fuel and other biofuel products in Washington State.

The sustainable aviation fuel to be sold to Delta is expected to be produced upon completion of an expansion to Gevo's existing advanced biofuel production facility in Luverne, Minn. and is expected to be available for use by Delta between 2022-2023. (Source: GEVO, Yahoo Finance, 17 Dec., 2019)Contact: GEVO, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Delta,  Aviation Biofuel,  Jet Biofuel,  

Gevo,Scandinavian Airline System
Date: 2019-11-18
Englewood, Colorado-based renewable fuels and chemicals manufacturer GEVO Inc. is reporting an agreement with Stockholm-headquartered Scandinavian Airline System (SAS) to produce and supply sustainable aviation fuel (SAF) from its expanded Luverne, Minnesota, plant, which is expected to be constructed over the next several years.

For every gallon of SAF produced, GEVO also produces approximately 10 pounds of protein that goes into the food supply chain and can sequester up to 2 pounds of CO2 as carbon into the soil, making it one of the only renewable jet fuel producers to produce both food and fuel while sequestering CO2. GEVO will also be more transparent with its sustainability practices by utilizing blockchain technology to track its sustainable agriculture efforts, according to the GEVO release. (Source: GEVO, Biofuels Prod., 15 Nov., 2019)Contact: GEVO, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com; Scandinavian Airline System, www.sasgroup.net

More Low-Carbon Energy News GEVO,  Aviation Biofuel,  Jet Biofuel,  Sustainable Aviation Fuel,  

GEVO
Date: 2019-11-06
Englewood, Colorado-based renewable fuels and chemicals manufacturer Gevo, Inc. reports winning a 4 year contract, with 3, two-year extensions, to supply 200,000 gpy of renewable isobutanol and 600,000 gpy renewable isooctane to the City of Seattle. The deal is part of the city's Green Fleet Action Plan (GFAP) to tackle its fleet emissions .

Gevo has partnered with two local certified veteran and minority-owned small businesses to coordinate the blending, logistics, and delivery of the final product to the City of Seattle. (Source: GEVO, PR, 4 Nov., 2019) Contact: City of Seattle, Philip Saunders, Green Fleet Program Manager, www.seattle.gov/Documents/Departments/FAS/FleetManagement/2019-Green-Fleet-Action-Plan.pdf; Gevo, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com Fuel,  Ethanol,  Biofuel,  

More Low-Carbon Energy News GEVO,  Isobutanol.Renewable Fuel,  Ethanol,  Biofuel,  

Gevo
Date: 2019-10-09
"Friday's (renewable fuels standard) announcement by the EPA is a step in the right direction and will hopefully put the RFS back on track after 31 oil refineries received exemptions back in August. I'm glad President Trump supported this step. A robust renewable fuel standard is important for our farmers, the biofuel industry, and reducing greenhouse gases. Every drop of biofuel we get into the market is a win and helps to change the conversation about what is possible from low carbon, sustainable biofuels.

"With Gevo it is possible, for example, to replace an entire gallon of transportation fuel with fuels that are renewable with net zero, or even carry a negative, GHG profile. That is a game changer. Good for farmers, good for consumers, good for the environment." -- Patrick Gruber, CEO, Gevo, 8 Oct., 2019 Contact: Gevo, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News Gevo,  RFS,  Renewable Fuel Standard,  

Washington State University,GEVO
Date: 2019-10-07
Northwest Advanced Bio-Fuels, LLC (NWABF) reports it is working with Washington State University's Northwest Advanced Renewables Alliance (NARA), a project that established the availability and sustainability of woody biomass/forest residues as a feedstock for the production of aviation biofuels using Boulder, Colorado-based GEVO technology, The planned biorefinery, which is expected to go into production in 2023, would be constructed at Aberdeen, Washington.

As previously reported, Delta Air Lines, in partnership with NWABF, is investing $2 million to assess the biofuel refinery project's feasibility. Additionally, the USDA National Institute of Food and Agriculture funded NARA with $39.5 million over 5-years. (Source: Northwest Advanced Bio-Fuels, LLC (NWABF), Washington State Univ. Evergreen, 3 Oct., 2019) Contact: Washington State University, NARA, Ralph Cavalieri, (509) 335-5581, cavalieri@wsu.edu, www.nararenewables.org; Northwest Advanced Bio-Fuels, LLC Chris Whitworth,Dir. Project Dev., www.facebook.com/NWABiofuels; Gevo, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Aviation Biofuel,  Woody Biomass,  

Gevo,Leaf Resources
Date: 2019-09-13
Englewood, Colorado-based renewable fuels and chemicals manufacturer Gevo, Inc. and Queensland, Australasia-based Leaf Resources, a specialist in converting plant biomass into industrial sugars, are reporting a joint development and commercialization agreement under which Gevo will explore the potential use of cellulosic-derived sugars and glycerol from Leaf Resources and the ability to convert these to hydrocarbon molecules useful as fuels or chemicals.

Leaf Resources' Glycell Process pre-treatment technology breaks down plant biomass to generate a higher yield of cellulose than conventional approaches. The pretreatment is followed by enzymatic hydrolysis which converts cellulose into cellulosic sugars. The process also yields lignin, hemicellulose and refined glycerol.

Gevo has developed technology for producing isobutanol from renewable feedstocks using a yeast that has been developed to produce isobutanol and a product recovery technology that continuously removes isobutanol as it is formed. Gevo adds its proprietary yeast to fermentable sugars to convert the sugars to isobutanol. (Source: GEVO, Green Car Congress, 12 Sept., 2019) Contact: Leaf Resources, +61 7 3188 9040, www.leafresources.com.au; Gevo, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News Biofuel,  Isobutanol,  Leaf Resources,  GEVO,  Cellulosic,  

GEVO
Date: 2019-09-06
Englewood, Colorado-based renewable fuels and chemicals manufacturer GEVO reports the development of a proprietary, breakthrough processes that converts

either low-carbon isobutanol or low-value "fusel oils" -- a mixture of alcohols that are byproducts from fermentation processes -- into renewable diesel. This new renewable diesel is expected to compete head-to-head on price with natural and petroleum-based equivalents while reducing particulates and CO2 emissions.

Low-carbon renewable diesel is biomass-derived transportation fuel suitable for use in diesel engines and has increased in demand since the Renewable Fuels Standard (RFS) and California's Low Carbon Fuel Standard came into effect. Additionally, the marine sector will have to reduce sulphur emissions to meet new international water regulations beginning in 2020. (Source: GEVO, PR, 4 Sept., 2019)Contact: GEVO, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Renewable Diesel,  isobutanol,  

GEVO,International Sustainability and Carbon Certification
Date: 2019-08-12
Englewood, Colorado-headquartered isobutanol producer GEVO Inc. is reporting receipt of International Sustainability and Carbon Certification (ISCC) under the ISCC PLUS scheme for food, feed, industrial applications, energy, and biofuels outside Europe. In obtaining ISCC certification, Gevo continues to prove its dedication to meeting the highest industry standards by demonstrating the sustainable cultivation of field corn, which Gevo then converts into renewable, sustainable isobutanol (biobutanol).

ISCC PLUS certification validates the responsible nature of GEVO's liquid transportation fuels and highlights the traceability of its biofuel, qualifying that such fuels produced in a sustainable manner. By completing ISCC certification, Gevo has verified that the feedstock, in this case field corn, is being grown in a socially, environmentally, and ethically responsible manner.

ISCC PLUS is a sustainability certification scheme for biobased applications like chemicals, food and feed products and applications in the bioenergy sector. (Source: GEVO, PR, 7 Aug., 2019) Contact: International Sustainability and Carbon Certification, www.sustainabilityxchange.info/en/institutions/iscc-international-sustainability-carbon-certification; GEVO, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Biobutanol,  Corn Ethanol,  International Sustainability and Carbon Certification,  

GEVO,International Sustainability and Carbon Certification
Date: 2019-08-05
Englewood, Colorado-headquartered renewable fuels and chemicals manufacturer GEVO Inc. reports it has achieved International Sustainability and Carbon Certification (ISCC) under the ISCC Plus scheme for food, feed, industrial applications, energy and biofuels outside Europe.

The ISCC certification demonstrates the company's sustainable cultivation of corn, which is then converted into renewable isobutanol, ethanol or biobutanol.

With ISCC Plus certification, Gevo validates the responsible nature of its isobutanol and biobutanol liquid transportation fuels and the traceability of its biofuel. (Source: GEVO, PR, Aug., 2019) Contact: International Sustainability and Carbon Certification, www.iscc-system.org

More Low-Carbon Energy News GEVO,  ISCC,  Biobutanol,  Ethanol,  Biofuel,  Isobutanol,  

GEVO
Date: 2019-08-02
Englewood, Colorago-headquartered biobutanol and biofuels specialist GEVO Inc. is reporting a partnership with Locus Agricultural Solutions® (LocusAG) to trial a new technology to improve the capture of soil carbon, reduce applied nitrogen fertilizer needs and improve crop yields.

LocusAG's Rhizolizer® line of fresh, non-GMO soil probiotic treatments have been used to treat 40,000 commercial agriculture acres across several crops, with positive results in improving crop productivity, crop quality, vigor and sustainability. Treatments are now being tested on Gevo's 30-acre farm co-located at its Luverne, MN ethanol facility.

According to LocusAG, the treatments have the potential to amplify crop soil carbon sequestration by up to an additional 3 to 6 metric tpy of CO2 equivalents per acre while increasing crop yields and grower profits. (Source: GEVO, PR, Newswire, 31 July, 2019) Contact: LocusAG, Paul Zorner, CEO, www.LocusAG.com; Gevo, Patrick Gruber, CEO, 303-858-8358, pgruber@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Soil Carbon,  Carbon Sequestration,  

GEVO
Date: 2019-06-26
Englewood, Colorado-headquartered renewable fuels and chemicals manufacturer Gevo, Inc. reports Virgin Australia has used Gevo's sustainable aviation jet fuel (SAJF) on 1 million kilometers of flights, for all aircraft operating in and out of Brisbane Airport. The Gevo fuel was dispensed through the airport's general fuel supply system.

Since the first container of SAJF was delivered to Brisbane back in August 2018, Virgin Australia has continued to work with GEVO and has welcomed three more deliveries of the SAJF since this time, according to the Gevo release.

As previously reported, in October, 2017, Virgin (Airlines) Australia announced a two-year project with Brisbane airport, GEVO and the Queensland Government and worked on the trial with supply partners Caltex and DB Schenker. The first test saw a biofuel blend pumped to 195 domestic and international flights that traveled more than 430,000 kilometres. Additional trials were expected to follow over the next 12 to 18 months. (Source: GEVO, PR, Ethanol Producer, 24 June, 2019) Contact: GEVO, Patrick Gruber, CEO, pgruber@gevo.com; Virgin Australia, +61 7 3295 2296, www.virginaustralia.com/uk; Brisbane Airport, www.bne.com.au

More Low-Carbon Energy News GEVO,  Aviation Biofuel,  

Gevo,Avfuel
Date: 2019-05-17
Englewood, Colorado-headquartered renewable fuels and chemicals manufacturer Gevo, Inc. reports it will once again provide its sustainable and renewable alcohol-to-jet fuel (ATJ) to Avfuel Corporation.

To date, Avfuel, has received commitments from high-profile OEMs including Bombardier, Embraer, Gulfstream and Dassault to use Gevo's ATJ blended with standard jet fuel. This blend not only meets ASTM D1655, but also for every one million gallons produced, approximately 10 million pounds of animal feed and protein goes back into the food chain, according to Gevo. (Source: Geco, Pr, 16 May, 2019) Contact: Gevo, Patrick Gruber, CEO, pgruber@gevo.com, Avfuel, Keith Sawyer, ksawyer@avfuel.com, www.avfuel.com/Fuel/Alternative-Fuels

More Low-Carbon Energy News GEVO,  Aviation Biofuel,  Avfuel,  

GEVO
Date: 2019-04-03
Englewood, Colorado-based Gevo, Inc. is reporting that due to its improved balance sheet, the "going concern" qualification in the audit report of Gevo's independent registered public accounting firm has been removed from the audited financial statements for the year ended December 31, 2018. For the past several years, the audit reports to Gevo's consolidated financial statements have included a "going concern" qualification. Gevo's consolidated audited financial statements for the year ended December 31, 2018 were included as part of its Annual Report on Form 10-K for the year ended December 31, 2018 that was filed on March 28, 2019 with the U.S. Securities and Exchange Commission.

This announcement does not represent any change or amendment to Gevo's consolidated, audited financial statements or to its Annual Report on Form 10-K for the fiscal year ended December 31, 2018. (Source: Gevo, PR, Nasdaq, 1 April, 2019) Contact: Gevo, Dr. Patrick Gruber, CEO, (303) 858-3358, info@gevo.com, www.gevo.com

More Low-Carbon Energy News GEVO,  Biofuel,  Biobutanol,  Ethanol,