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Gevo Grants Musket Corporation Exclusive Right to Supply Isobutanol Gasoline Blends in Greater Houston Region

GEVO (GEVO)  More Company Research Source: GlobeNewswire
Last gevo earnings: 5/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gevo.com
PDF ENGLEWOOD, Colo., Feb. 08, 2018 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ:GEVO), announced today that it has strengthened its existing relationship with Musket Corporation, a national fuel distributor under the umbrella of the Love’s Family of Companies, by amending its existing isobutanol supply agreement to provide Musket with the exclusive right to sell Gevo’s renewable isobutanol within a 300 mile radius of Houston, Texas.  This agreement establishes a market region that encompasses Austin, Dallas, Fort Worth, Oklahoma, Louisiana, as well as the majority of South and East Texas. Musket began distribution of isobutanol gasoline blends in the Houston area in late 2016.  Their ability to source, transport and blend fuels has led to rapid growth in and around Houston.  Houston is classified as a Reformulated Gasoline (RFG) market under the EPA guidelines.  Nearly all RFG gasoline is formulated with ethanol as the oxygenate.  Isobutanol enables an ethanol free blended gasoline in RFG a [Read more]

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