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viewGevo Inc
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NASDAQ:GEVO
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Gevo is a “low-carbon” company developing and commercializing renewable diesel, jet fuel alternatives

Snapshot

  • Gevo awarded US patent to convert ethanol and bio-based alcohols into drop-in diesel and jet fuel products
  • Gevo’s LOI with Chevron a “game changer,” says Noble Capital analysts
  • Gevo explains latest partnerships with US Department of Energy and with Chevron
Renewable energy

Quick facts: Gevo Inc

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NASDAQ:GEVO

Price: 7.3 USD

Market Cap: $1.47 billion

About the company

Gevo is a next generation “low-carbon” fuel company focused on the development and commercialization of renewable alternatives to petroleum-based products. Low-carbon fuels reduce the carbon intensity, or the level of greenhouse gas emissions, compared to standard fossil-based fuels across their lifecycle. The most common low-carbon fuels are renewable fuels. Gevo is focused on the development and production of mainstream fuels like gasoline and jet fuel using renewable feedstocks that have the potential to lower greenhouse gas emissions at a meaningful scale and enhance agricultural production, including food and other related products. In addition to serving the low-carbon fuel markets, through Gevo’s technology, Gevo can also serve markets for the production of chemical intermediate products for solvents, plastics, and building block chemicals. 

How it is doing

27 Sep 2021

Gevo Inc (NASDAQ:GEVO). has received a patent from the US Patent and Trademark Office for a process that encompasses upgrading ethanol and bio-based alcohols into drop-in, bio-based diesel and jet fuel products.

In a statement, the company said the patented process establishes a new technology and route to hydrocarbons that did not previously exist - creating an opportunity for Gevo to diversify ethanol production to help meet increasing demand for renewable diesel and jet fuel.

Gevo said the patent falls in line with its business model to develop, apply, and scale technology that can be used to produce drop-in hydrocarbon fuels. These fuels, when coupled with its integrated-systems approach that includes regenerative agriculture and non-fossil-based renewable energy, could produce net-zero greenhouse gas (GHG) emissions over the lifecycle of the product.

“We have been working on the conversion of alcohols into hydrocarbons for many years. Ethanol, when produced using renewable energy in combination with other sustainable practices, could be a good feedstock,” said Gevo CEO Patrick Gruber.

23 Sep 2021

Gevo Inc (NASDAQ:GEVO) announced it now has direct ownership and management over the entire known isobutanol patent portfolio of Butamax following striking an asset purchase deal with the latter and its affiliate.

The transaction, which closed on September 21, leaves Gevo as the only entity with "full rights to sublicense the entire Gevo/Butamax isobutanol and isobutanol derivatives patent estate in the fields of fuels, isooctane, industrial chemicals, isobutylene, oligomerized isobutylene, and para-xylene" and is expected to boost its intellectual property (IP) value.

20 Sep 2021

Gevo Inc announced the US Department of Energy’s (DOE) Argonne National Laboratory recently partnered with it to perform a critical lifecycle analysis of its next-generation technology. 

Using data provided by Gevo, a Colorado-based producer of energy-dense liquid hydrocarbons such as sustainable aviation fuel (SAF) and renewable premium gasoline, the company said Argonne’s Greenhouse gases, Regulated Emissions, and Energy use in Technologies (GREET) Model is expected to yield results regarding the carbon footprints of these fuels within a few months. 

What the brokers say

10 Sep 2021

Gevo, Inc’s recently-announced letter of intent (LOI) with a subsidiary of Chevron Corporation to jointly invest in building and operating one or more new facilities that would process inedible corn to produce sustainable aviation fuel is a “game changer,” according to the analysts at Noble Capital Markets.

In a note to clients on September 10, the Noble analysts said the potential for renewable fuels “remains very high.”    

“Not only does the addition of a major integrated oil company as a partner and investor validate the renewable fuels concept, visibility improves on the funding and off-take fronts,” the analysts added.

What management says

20 Sep 2021

Gevo Inc (NASDAQ:GEVO) CEO Patrick Gruber tells Proactive the US Department of Energy’s Argonne National Laboratory recently partnered with it to perform a critical lifecycle analysis of its next-generation technology.

Using data provided by Gevo, a Colorado-based producer of energy-dense liquid hydrocarbons such as sustainable aviation fuel (SAF) and renewable premium gasoline, the company said Argonne’s Greenhouse gases, Regulated Emissions, and Energy use in Technologies (GREET) Model is expected to yield results regarding the carbon footprints of these fuels within a few months.

Gruber also discussed its partnership with Chevron Corporation (NYSE:CVX), to jointly invest in building and operating one or more new facilities that would process inedible corn to produce sustainable aviation fuel

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Gevo discusses recent BP contract and Net-Zero 1 green energy project...

Gevo Inc (NASDAQ:GEVO) (NASDAQ:GEVO) CEO Patrick Gruber caught up with Proactive after the company posted second-quarter results, as it marches ahead with the next phase of engineering work at its Net-Zero 1 green energy project. What's more, Gruber talked through the group's recent contract...

on 19/8/21

9 min read