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Stock impact report

EPA Approves Registration of Isobutanol in 16% Blends in Gasoline

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., June 18, 2018 (GLOBE NEWSWIRE) -- Gevo, Inc. (NASDAQ:GEVO) – On June 12, 2018, the Environmental Protection Agency announced the approval of isobutanol at a 16% blend level in gasoline for on-road use in automobiles.  Previous to this isobutanol had been approved for on-road use up to a 12.5% blend.    Commenting on the announcement, Patrick Gruber, Chief Executive Officer of Gevo, said “Blends of isobutanol at a 16% level have previously been used for boats and off-road applications.  We congratulate Butamax in getting this registration done.  We all benefit.  16% blend levels allow more RINS per gallon, high octane, and many other benefits.  At Gevo we have been developing the markets for isobutanol containing gasoline, in particular to meet the demand for the “ethanol free” segment of the gasoline market.  A 16% blend option will give our customers and partners an option for an even better product for on-road use.” For more information see: https://www.epa.gov Show less Read more
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