March 7, 2017
Gevo Ranked #10 in The Digest’s 2017 50 Hottest Companies in the Advanced Bioeconomy
ENGLEWOOD, Colo., March 06, 2017 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ:GEVO), announced today that The Digest, the world’s most widely-read bioeconomy daily, awarded Gevo the #10 ranking in its 2017 edition of the “50 Hottest Companies in the Advanced Bioeconomy.” The annual rankings, which recognize innovation and achievement in fuels and integrated biorefinery development, are based on votes from an invited panel of distinguished international selectors and subscribers of The Digest.
For more on the 2017 rankings visit the following links:
“We are honored to be recognized by our peers and The Digest. I believe this award highlights the hard work and progress we have made over the past year towards our goal of becoming the leading producer of renewable isobutanol, alcohol-to-jet fuel (ATJ) and isooctane. I want to thank all of our customers, stockholders and employees for their ongoing support,” said Dr. Patrick Gruber, Gevo’s Chief Executive Officer.
Gevo is a leading renewable technology, chemical products, and next generation biofuels company. Gevo has developed proprietary 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 feedstocks. Gevo’s strategy is to commercialize bio-based alternatives to petroleum-based products to allow for the optimization of fermentation facilities’ assets, with the ultimate goal of maximizing cash flows from the operation of those assets. Gevo produces isobutanol, ethanol and high-value animal feed at its fermentation plant in Luverne, Minnesota. Gevo has also developed technology to produce hydrocarbon products from renewable alcohols. Gevo currently operates a biorefinery in Silsbee, Texas, in collaboration with South Hampton Resources Inc., to produce renewable jet fuel, octane, and ingredients for plastics like polyester. Gevo has a marquee list of partners including The Coca-Cola Company, Toray Industries Inc. and Total SA, among others. Gevo is committed to a sustainable bio-based economy that meets society’s needs for plentiful food and clean air and water.