Gevo, Mansfield ink isobutanol marketing deal

In Colorado, Gevo and Mansfield Oil have signed a strategic marketing alliance for Mansfield to distribute isobutanol based fuel into the petroleum market. In addition the companies signed a commercial off-take agreement, Gevo’s second commercial off-take agreement to date and its first in the fuel industry.  The agreement has three main parts.  The first two are part of a five-year contract that allows Mansfield to blend Gevo’s isobutanol for its own use, and to be a distributer of Gevo’s isobutanol.

The third part is a three-year contract for which a Mansfield subsidiary will provide supply chain services that include logistics management, customer service support, invoicing and billing services. Mansfield markets and distributes fuel to thousands of commercial customers across all 50 states and has over 900 supply points across the country.