What is Gevos stage of development in 2010?
Gevo is on the verge of commercialization. In September, 2009, Gevo announced two significant events. In alliance with ICM, Gevo successfully completed construction and began operations at a one million gallon per year commercial demonstration facility in St. Joseph, MO, the first successful retrofit of an ethanol plant to produce isobutanol. Gevo also launched Gevo Development, LLC to finance and develop a fleet of biorefineries based on retrofitting existing ethanol plants. These plants will be retrofit using the Gevo Integrated Fermentation Technology (GIFT) to produce isobutanol for sale to refinery and chemical customers.
