Search Results for 'gevo'
“By running the SBS we have dramatically reduced our cash burn at the plant and we are targeting breakeven at Luverne by year end,” Gevo CEO Pat Gruber is reporting. Gevo also reported that Isobutanol yields have reached >90% of target based on starch content, up from approximately 70% prior to running its new side-by-side […]
Major step towards stable commercial supply chain for 100% renewable plastic bottling; big step forward for Gevo’s Silsbee operations in paraxylene, jet fuel and iso-octane. From Colorado, news has arrived that Gevo is now selling paraxyleme to Toray, one of the world’s leading producers of fibers, plastics, films, and chemicals. It’s producing PX from […]
In Colorado, Gevo reported a net loss for Q1 2014 of $12.0M, compared to $18.4M for Q1 2013, on revenues of $900,000. The company completed Q1 with $8.4M on hand, though it closed a $25.9M private debt financing with Whitebox Advisors consisting of a senior secured term loan, exchangeable into senior secured convertible debentures, and […]
In Colorado, Gevo announced the closing of a $25.9M financing with Whitebox Advisors consisting of a senior secured term loan exchangeable into senior secured convertible debentures. Gevo also has an option to draw an additional $5.2 million if certain conditions are met. The Term Loan includes a first priority lien on all of the Company’s assets […]
In Colorado, Gevo announced that it has come to an agreement with Lufthansa to evaluate Gevo’s renewable jet fuel with the goal of approving Gevo’s alcohol-to-jet fuel (ATJ) for commercial aviation use. Lufthansa’s testing is being supported through work with the European Commission.
In Colorado, Gevo filed its 10-K annual report with the SEC. Excepts are as follows: “For the year ended December 31, 2013, we incurred a consolidated net loss of $66.8 million and had an accumulated deficit of $262.2 million. From inception to December 31, 2013, we have incurred significant net losses and have funded our […]
As Gevo reports its 4Q results and adds back some ethanol production, we look at the short-term gains and the long-term implications. Why ethanol, why now — what’s the latest news mean from this signature advanced biofuels and chemicals venture? This week, Gevo reported its year-end results, generally in line with expectations, with a $0.35 […]
In New York, Cowen & Co analysts Rob Stone and James Medvedeff wrote that, in the case of Gevo and its upcoming earnings announce, the “Need for commercialization progress trumps Licensing LOIs, minor legal setback.” The analysts wrote that “A nascent licensing model would enable high margin revenue with minimal capital outlay. However, we believe […]
This is the official Transformative Technologies 2014 nominee page for Gevo, nominated in the “Plant or integrated biorefinery” category for its Luverne, MN project. Voting Rules All voting is exclusively via social media this year. To vote, simply click on the Tweet, Like or Share link in on this page. Each tweet, like or share will […]
This is the official Transformative Technologies 2014 nominee page for Gevo, nominated in the “Transformative molecule (biobased chemical)” category for its GIFT isobutanol technology. Voting Rules All voting is exclusively via social media this year. To vote, simply click on the Tweet, Like or Share link in on this page. Each tweet, like or share will […]