Gevo (GEVO +5%), the biofuels company backed by oil company Total (TOT) and chemical maker...

|By:, SA News Editor

Gevo (GEVO +5%), the biofuels company backed by oil company Total (TOT) and chemical maker Lanxess (LNXSF.PK), begins startup of the world's first commercial biobased isobutanol production plant. Isobutanol may be blended with gasoline or refined into jet fuel, specialty chemicals or other products typically derived from petroleum.