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Stock impact report

Gevo to Deploy Shockwave’s Process to Enhance Production of Proteins and Vegetable Oils for the Food Chain While Lowering the Carbon Intensity of Its Ethanol and Isobutanol

Gevo, Inc. (GEVO) 
Last gevo, inc. earnings: 11/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.gevo.com
Company Research Source: GlobeNewswire
ENGLEWOOD, Colo., Aug. 14, 2018 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ: GEVO) announced today that it has entered into two separate operating leases and service agreements with Shockwave LLC to install Shockwave’s Thermodynamic Corn Fractionation Process  as well as related technology and equipment (collectively the “Shockwave Process”) at Gevo’s production facility in Luverne, MN (the “Luverne Facility”), whereby Shockwave is financing its equipment required for this multi-million dollar project and is providing certain performance guarantees for the Shockwave Process. The Shockwave Process is expected to improve profitability of Gevo’s Luverne Facility by lowering the cost of ethanol and isobutanol production, increasing the number and value of feed and protein products, producing corn oil for food use, and helping to lower the overall carbon footprint for the facility. The Shockwave Process is expected to be operational during the first quarter of 2019.  Gevo’s deployment of t Show less Read more
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