Tuesday GEVO Inc. (NASDAQ:GEVO) took a major step forward in its plans to become an industry leader in the biofuels and renewable chemicals sector by announcing it has resumed commercial production of isobutanol, a versatile chemical that can be directly integrated into existing chemical and fuel products to deliver environmental and economic benefits, at its Luverne Minnesota plant. The company is now operating in "Single Train Mode" which successfully operates and utilizes the company's proprietary GEVO Integrated Fermentation Technology or GIFT.
This marks the first time the company has successfully run the technology at full scale and after months of testing using sugar solutions, the company has fully validated the technology. Not only have they now solved the...
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