Tag: Gevo

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The 11 hottest slides on advancing aviation biofuels, from ABLC

Experts from Solena Fuels, British Airways, the Commercial Aviation Alternative Fuels Initiative (CAAFI),  the US Navy, the Federal Aviation Administration, Amyris,  Byogy, Gevo, BioProcess Algae, Virent, Mercurius, and ARA were among the highlight presenters at the 5th annual Global Aviation Biofuels Summit, an integrated part of ABLC, the annual bioeconomy conference now underway in Washington, […]

April 24, 2014 More

Gevo teams with Lufthansa to test aviation biofuel

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.

April 23, 2014 More

Gevo inserts “going concern” statement in annual report

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 […]

April 15, 2014 More

Gevo must prove commercial production, assert Cowen & Co analysts

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 […]

March 23, 2014 More

Porta Hnos SA signs exclusive agreement for Gevo technology

In Argentina, Porta Hnos SA has signed an agreement with Gevo to license their GIFT technology for producing renewable isobutanol. The agreement, which gives Porta Hnos exclusive rights for the technology in Argentina, will help the company as they expand into two additional ethanol plants for 2014. Porta currently runs two 250 m3/day ethanol plants. […]

March 9, 2014 More

Federal judge sends Butamax/Gevo spat back to district court

In New York state, a federal judge has reversed an earlier appeals court ruling saying that Gevo has not infringed Butamax’s patents. The case has been remanded by to district court, where Butamax says it is looking forward to the trial. Delaware district court and the Federal Circuit courts disagreed on the value of a […]

February 20, 2014 More

Federal Circuit changes claim construction in Butamax v Gevo

In Delaware, Butamax Advanced Biofuels announced that a US Federal Circuit panel ruled that the District Court’s narrow interpretation of Butamax’s patents “was in error in the Butamax v Gevo fight.” The Delaware district court’s claim construction of Butamax’s KARI was “an enzyme known by the EC number 1.1.1.86 that catalyzes the conversion of acetolactate […]

February 20, 2014 More

Gevo: Biofuels Digest’s 2014 5-Minute Guide

Company Description Gevo has two proprietary technologies that combine to make it possible to retrofit existing ethanol plants to produce isobutanol, a four carbon alcohol which serves as a hydrocarbon platform molecule. We have developed a robust industrial scale yeast biocatalyst to produce isobutanol without typical byproducts operating at parameters equivalent to commercial ethanol producers. […]

February 16, 2014 More

LanzaTech, Sapphire Energy, Gevo, Enerkem CEOs commit to ABLC 2014

Holmgren, Warner, Gruber, Chornet to address “Hot Companies: The Global Growth Perspective” on opening morning of ABLC 2014. In Florida, Biofuels Digest announced that LanzaTech CEO Jennifer Holmgren, Sapphire Energy CEO Cynthia “CJ ” Warner, Gevo CEO Pat Grubner and Enerkem CEO Vincent Chornet will present addresses on ABLC 2014′s opening morning — under the […]

January 9, 2014 More

GEVO raises $22.6MM in offering for re-ramp of Luverne project

In Colorado, GEVO has raised $22.6MM in an offering aimed at funding a re-ramp of the company’s Luverne project. While the company indicates the offering provided the working capital to continue the re-ramp, if spending is not reduced from Q3, additional funding would be needed by mid-year 2014 to complete the project. Additionally, as the […]

December 29, 2013 More