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Gevo Plans Hydrocarbon-Process Pilot at Luverne Plant (Ind. Report)
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 Reboots Luverne Minn. Renewable Fuels Facility (Ind. Report)
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, Cray Valley to Scale Up Renewable Isoamylene (Ind. Report)
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 Contracts Koch for Expansion Projects (Ind. Report)
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 Reduces Debt Balance to Zero (Ind. Report)
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, TOTAL Ink Renewable Isoamylene Agreement (Ind. Report)
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 Inc. Provides Business Update (Ind. Report)
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, Praj to Commercialize SAF in India (Int'l. Report)
    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 Releases 2Q, 2020 Financial Results (Ind. Report)
    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,  


    Isobutanol Market Likely to Hit $1,069.9Mn by 2025 (Report Offered)
    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,  


    GEVO Slashes Staff, Suspends Luverne Operations (Ind. Report)
    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,  


    GEVO to Supply Renewable Isobutanol to Seattle Fleet (Ind. Report)
    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, Leaf Resources Ink Joint Development Agreement (Ind. Report)
    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 Touts New No Particulate Renewable Diesel (Ind. Report)
    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 Earns ISCC Plus Certification (Ind. Report)
    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 Now ISCC Plus Certified for Biofuels (Ind. Report)
    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,  


    WPI Prof. Funded for Isobutanol Biofuel R&D (R&D, Funding)
    Worcester Polytechnic Institute
    Date: 2019-05-24
    In the Bay State, Worcester Polytechnic Institute (WPI) reports associate professor of chemical engineering Michael Timko has been awarded a Fulbright U.S. Scholar Award that will enable him to develop a device that will make the production of isobutanol less costly and more environmentally friendly.

    Furthering his work, Timko will spend the summer of 2020 at the Univertite de Bordeaux, where he will learn a low-cost technique for fabricating microfluidic devices developed at the university. This work will be conducted in the Institut de Chimie de la Matiere Condensee de Bordeaux (ICMCB), a laboratory jointly run by the university and the National Center for Scientific Research.

    Timko"s interest in microfluidics stems from his goal of being able to observe, in real time, the production of biofuels by microorganisms under extreme conditions of temperature and pressure. Timko wants to make a microfluidic device at a micron scale -- the width of a human hair -- made of silicon and Pyrex, a low-thermal-expansion material used for laboratory glassware. This tiny device could contain fluids at elevated pressures while affording easy viewing using a microscope to, for example, analyze the metabolic response of bacteria to a high-pressure environment.

    Timko, who received a National Science Foundation CAREER award in 2016 for his work with biofuels, is looking to use the microfluidic device to accelerate his isobutanol researchh.

    Timko is part of a multi-university research team that is developing a new way to produce isobutanol, using supercritical CO2 as a solvent and a bacterium that can thrive in that harsh, antimicrobial liquid. Timko's analysis shows the process could produce isobutanol using one-fifth the energy that traditional, best-case scenario manufacturing processes use. (Source: WPI. 22 May, 2019) Contact: Worcester Poltrechnic Institute, Assoc. Prof. Micheal Timko, (508)-831-4101, mttimko@wpi.edu, www.wpi.edu/people/faculty/mttimko, www.wpi.edu

    More Low-Carbon Energy News Isobutanol,  Biofuel,  

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