New York, NY - May 24, 2012 (Investorideas.com renewable energy/green newswire) Investorideas.com, aleader in
renewable energy stock research for independent investors, issues an
investor alert for Gevo, Inc. (NasdaqGM GEVO) trading up at $5.89,
gaining 0.54 (10.09%) 1:13PM EDT on over 177,000 shares.
The
Company reported today it has begun startup of the world’s first
commercial biobased isobutanol production plant located in Luverne,
Minn.
“At
1 p.m. MDT yesterday we made history by initiating production of
biobased isobutanol at commercial scale,” said Dr. Patrick Gruber, CEO
of Gevo. “One year ago, we broke ground with a startup goal of less than
12 months and we’ve succeeded. It’s an extremely proud moment for Gevo
and a tribute to the drive and ambition of our scientists, chemical
engineers and production team.”
Gevo
is converting existing ethanol plants into biorefineries to make
renewable building block products for the chemical and fuel industries.
The Company plans to convert renewable raw materials into isobutanol and
renewable hydrocarbons that can be directly integrated on a “drop in”
basis into existing chemical and fuel products to deliver environmental
and economic benefits. Gevo is committed to a sustainable biobased
economy that meets society’s needs for plentiful food and clean air and
water. For more information, visitwww.gevo.com
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