Gevo (GEVO +7.9%) shares surge after yesterday's news that it will collaborate with BioFuel...

|By:, SA News Editor

Gevo (GEVO +7.9%) shares surge after yesterday's news that it will collaborate with BioFuel Energy (BIOF) to pursue large-scale isobutanol production. "We have the potential to be at the forefront of the advanced biofuel market," Gevo CEO Patrick Gruber says. BIOF "recognizes this potential and has agreed to explore a possible retrofit of their assets to produce isobutanol."