GEVO

White House Coordinates Efforts of Departments of Energy, Transportation, and Agriculture to Meet the Grand Challenge: Reduce Aviation Carbon Footprint by 50 Percent by 2050

Retrieved on: 
Monday, September 13, 2021

Dr. Patrick Gruber, chief executive officer of Gevo, shared his thoughts at a virtual White House Roundtable to discuss the future of SAF, along with other industry leaders.

Key Points: 
  • Dr. Patrick Gruber, chief executive officer of Gevo, shared his thoughts at a virtual White House Roundtable to discuss the future of SAF, along with other industry leaders.
  • As a near-term goal, government and aviation stakeholders pledged to try to achieve 3 billion gallons of SAF production and reduce aviation-related emissions by 20 percent by 2030.
  • This MOU also supports a just transition of the energy industry to a low carbon future.
  • The Grand Challenge is a roadmap to a future that allows transportation growth to continue while flattening related carbon emissions, says Gruber.

Chevron, Gevo Announce Intent to Pursue Sustainable Aviation Fuel Investment

Retrieved on: 
Thursday, September 9, 2021
Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210909005196/en/
    Through the proposed collaboration, Gevo would operate its proprietary technology to produce sustainable aviation fuel and renewable blending components for motor gasoline to lower its lifecycle carbon intensity.
  • This potential investment leverages Gevos innovative approach to producing sustainable aviation fuel, complementing other renewable fuels investments we are making as part of our higher returns, lower carbon strategy.
  • Chevrons advantaged market position would allow it to offtake production from this venture, helping to place sustainable aviation fuel with airline customers, commented Dr. Patrick Gruber, chief executive officer of Gevo.
  • The proposed investment is subject to the negotiation of definitive agreements with customary closing conditions, including regulatory approval.

Gevo Announces Plans for Hydrocarbon-Process Pilot Unit at Luverne Facility

Retrieved on: 
Tuesday, September 7, 2021

ENGLEWOOD, Colo., Sept. 07, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced that it plans to install an alcohol-to-hydrocarbon process pilot unit at its facility located in Luverne, Minnesota (the Luverne Facility).

Key Points: 
  • ENGLEWOOD, Colo., Sept. 07, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), announced that it plans to install an alcohol-to-hydrocarbon process pilot unit at its facility located in Luverne, Minnesota (the Luverne Facility).
  • 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.
  • We couldnt do that effectively without the support weve received from the City of Luverne and the State of Minnesota.

Gevo Files for Environmental Permits in South Dakota for the Net-Zero 1 Project

Retrieved on: 
Thursday, August 26, 2021

We are happy to work closely with Pinnacle Engineering, a world-class engineering firm known for specializing in environmental permitting, to draft our permits.

Key Points: 
  • We are happy to work closely with Pinnacle Engineering, a world-class engineering firm known for specializing in environmental permitting, to draft our permits.
  • These combined efforts are focused on minimizing environmental impact and establishing the lowest CI (Carbon Intensity) score possible," continued Dr. Ryan.
  • Its a pleasure to work with the Gevo team and we look forward to our continued collaborations on this exciting project, stated Steve Schleicher, Pinnacle Engineering, Partner and Vice President, Industrial Services.
  • Gevo believes that the Argonne National Laboratory GREET model is the best available standard of scientific-based measurement for life cycle inventory or LCI.

Gevo Releases IMPACT, an Environmental, Social, and Corporate Governance (ESG) Report; Strengthening its Commitment to Transparency and Accountability

Retrieved on: 
Monday, August 16, 2021

As we do that, we pay attention to the whole picture; we intend to track it, make it incredibly transparent.

Key Points: 
  • As we do that, we pay attention to the whole picture; we intend to track it, make it incredibly transparent.
  • We care about diversity in our workforce and bringing in the best skill sets we possibly can across the board.
  • In its 2020 analysis, the Governance & Accountability Institute (G&A) found that 90% of companies in the S&P 500 published an ESG report.
  • This illustrates an increased demand from both investors and business leaders for transparency, safety, and fairness in the corporate sector.

Dr. Chris Ryan and Lynn Smull to Participate in a Water Tower Research Fireside Chat on Wednesday, August 18, 2021 at 4:00 pm EDT

Retrieved on: 
Wednesday, August 11, 2021

ENGLEWOOD, Colo., Aug. 11, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ:GEVO), announced today that Dr. Chris Ryan, President, Chief Operating Officer, and Lynn Smull, Chief Financial Officer, will participate in a Water Tower Research Fireside Chat on Wednesday, August 18, 2021 at 4:00 pm EDT.

Key Points: 
  • ENGLEWOOD, Colo., Aug. 11, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ:GEVO), announced today that Dr. Chris Ryan, President, Chief Operating Officer, and Lynn Smull, Chief Financial Officer, will participate in a Water Tower Research Fireside Chat on Wednesday, August 18, 2021 at 4:00 pm EDT.
  • Investors and other persons interested in participating in the event must register using the link below.
  • Please note that registration for the live event is limited but may be accessed at any time for replay after the presentation ends on August 18, 2021, utilizing the same registration link.
  • Gevos products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions.

Gevo to Sell Renewable Natural Gas to bp

Retrieved on: 
Monday, August 9, 2021

ENGLEWOOD, Colo., Aug. 09, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), is extremely pleased to announce today that its wholly-owned dairy manure-based renewable natural gas (RNG) project company located in northwest Iowa, Gevo NW Iowa RNG, LLC (NW Iowa RNG), has signed binding, definitive agreements with BP Canada Energy Marketing Corp. and BP Products North America Inc. (collectively, bp ) for the sale of NW Iowa RNGs production (the bp Agreements).

Key Points: 
  • ENGLEWOOD, Colo., Aug. 09, 2021 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO), is extremely pleased to announce today that its wholly-owned dairy manure-based renewable natural gas (RNG) project company located in northwest Iowa, Gevo NW Iowa RNG, LLC (NW Iowa RNG), has signed binding, definitive agreements with BP Canada Energy Marketing Corp. and BP Products North America Inc. (collectively, bp ) for the sale of NW Iowa RNGs production (the bp Agreements).
  • It is anticipated that NW Iowa RNG will benefit from environmental product revenues under Californias Low Carbon Fuel Standard program and the U.S. Environmental Protection Agencys Renewable Identification Number program.
  • 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 (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their life cycle).
  • Gevos products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions.