Gevo: 50 Hottest Companies in Bioenergy candidate profile
Gevo
Based in: Colorado
2008-09 ranking: #27
Business: Fermentation of all sugars including mixed sugars from cellulosics to biobutanol. Gevo will produce biobutanol that can be blended directly into gasoline (at any ratio without the need to modify standard engines) and be used to make renewable hydrocarbons (“green gasoline”), diesel, and jet fuel, chemical intermediates and biobased plastics.
Model: Gevo will develop its technology for retrofitting of ethanol plants to produce biobutanol and own & operate capacity via its development company. Gevo Development has an flexible business model, i.e., it will raise capital to acquire assets either through direct acquisition, joint venture or tolling arrangements. Gevo will also license its technology.
Past milestones:
1. Successfully complete production of biobutanol at 1 MGPY demo plant in St. Joe. MO.
2. Launch Gevo Development for the acquisition of production assets.
Future milestones:
1. Acquire first commercial scale facility(ies).
Metrics: Gevo’s proprietary technology is a cost efficient ($0.30/gallon) and rapid (6-9 months) retrofit of first generation ethanol capacity to make biobutanol.
Gevo quotable quotes:
“Gevo’s exclusive collaboration with ICM, the premier engineering services company in the ethanol industry with over 60% of the installed capacity, is another competitive advantage. Finally, the ability to help finance and develop projects via Gevo Development, LLC provides a platform for full deployment. Gevo will be able to deploy cellulosic butanol technology as soon as conversion technology is available for biomass refineries.”
The Hot 50 for 2009-10 will be released Tuesday, 12/1. Between now and then, you’ll see profiles of potential candidates in the Digest, and you’ll have a chance to vote for your favorites. Reader response will count for 50 percent of a company’s overall score in the preparation of the rankings. The remaining 50 percent is voted by a panel of experts.
Information on registering your company for the “50 Hottest Companies in Bioenergy” rankings is here. While registration is not required, completing the candidate profile allows companies to augment information provided to the panel of selectors – registration form materials are also used to create candidate profiles that are published daily in Biofuels Digest.
Free Subscription to the Daily Biofuels Digest e-newsletter
Subscribe FREE to the world's most-widely read biofuels daily. Enter your email in the box below,
Related Stories
Hot Topics
The Hottest 50 Companies in Bioenergy
Latest algae-to-energy news
Latest jatropha news
Latest Waste-to-energy news
Entry Information
Filed Under: Producer News
Post a Comment | Trackback URL
You must be logged in to post a comment.
