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Profile: Gevo Inc (GEVO.PH)

GEVO.PH on Philadelphia Stock Exchange

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22 Aug 2019
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Gevo, Inc. (Gevo), incorporated on June 9, 2005, is a renewable chemicals and next generation biofuels company. The Company has developed a technology that uses a combination of synthetic biology, metabolic engineering, chemistry and chemical engineering to focus primarily on the production of isobutanol, as well as related products from renewable feedstock. It has two operating segments: the Gevo, Inc. segment and the Gevo Development/Agri-Energy segment. Its Gevo, Inc. segment is responsible for research and development activities related to the future production of isobutanol, including the development of its biocatalysts, the production and sale of biojet fuel, its Retrofit process and the next generation of chemicals and biofuels that will be based on its isobutanol technology. Its Gevo, Inc. segment also develops, maintains and protects its intellectual property portfolio, develops future markets for its isobutanol and provides corporate oversight services. Its Gevo Development/Agri-Energy segment is responsible for the operation of its Agri-Energy Facility and the production of ethanol, isobutanol and related products.

The Company has developed the Gevo Integrated Fermentation Technology (GIFT), an integrated technology platform for the production and separation of renewable isobutanol in order to produce and sell isobutanol made from renewable sources. GIFT consists of two components: biocatalysts that convert sugars derived from multiple renewable feed stocks into isobutanol through fermentation and a separation unit that is designed to continuously separate isobutanol during the fermentation process. GIFT is designed to permit the retrofit of existing ethanol capacity to produce isobutanol, ethanol or both products simultaneously or the addition of renewable isobutanol or ethanol production capabilities to a facility's existing ethanol production by adding additional fermentation capacity side-by-side with the facility's existing ethanol fermentation capacity (collectively referred to as Retrofit). Just like ethanol production, after fermentation, a primary product (isobutanol) and a co-product (iDGs) are recovered for sale. The main modifications of the GIFT system are replacing the ethanol producing yeast with Gevo's isobutanol producing biocatalyst, and adding low temperature distillation equipment for continuous removal and separation of isobutanol. The Company has also developed new technologies using ethanol as a feedstock for the production of hydrocarbons, renewable hydrogen, and other chemical intermediates, which it describes as its ethanol-to-olefins (ETO) technologies. The process produces tailored mixes of isobutylene, propylene, hydrogen and acetone, which are used as standalone molecules, or as feedstocks to produce other chemical products and longer chain alcohols. At this time, this technology has only been operated at a laboratory scale.

The Company competes with Butamax Advanced Biofuels LLC, Cathay Industrial Biotech Ltd., METabolic EXplorer S.A., Eastman Chemicals Company, Green Biologics Ltd., Shell Oil Company, DuPont-Danisco Cellulosic Ethanol LLC, Abengoa Bioenergy, S.A., POET, LLC, ICM, Mascoma Corporation, Inbicon A/S, INEOS New Planet BioEnergy LLC, Coskata, Inc., Archer Daniels Midland Company, BlueFire Ethanol, Inc., IncZeaChem Inc., ZeaChem Inc., Iogen Corporation, Qteros, Inc., Global Bioenergies, S.A., Virent Energy Systems, Inc., Renewable Energy Group, Inc., Amyris Biotechnologies, Inc. and Valero Energy Corporation.

Company Address

Gevo Inc

Building C, 345 Inverness Dr S S
ENGLEWOOD   CO   80112-5892
P: +1303.8588358
F: +1302.6745266

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