Gevo, Inc. (GEVO) Announces Collaboration with BioFuel Energy (BIOF) to Pursue Large-scale Isobutanol Production
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Gevo, Inc. (NASDAQ: GEVO) announced progress under a collaboration with BioFuel Energy Corp (NASDAQ: BIOF) to explore high-volume production of isobutanol.
“The capacity of BioFuel’s plants would allow us to begin delivering isobutanol at the scale that refinery customers are likely to demand,” said Dr. Patrick Gruber, CEO of Gevo. “We have the potential to be at the forefront of the Advanced Biofuel market. BioFuel Energy recognizes this potential and has agreed to explore a possible retrofit of their assets to produce isobutanol.”
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“The capacity of BioFuel’s plants would allow us to begin delivering isobutanol at the scale that refinery customers are likely to demand,” said Dr. Patrick Gruber, CEO of Gevo. “We have the potential to be at the forefront of the Advanced Biofuel market. BioFuel Energy recognizes this potential and has agreed to explore a possible retrofit of their assets to produce isobutanol.”
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