Gevo Signs Binding Agreements with Praj For Licensing Gevo's Isobutanol Process

摘要

Luverne— Gevo and Praj Industries have entered into a license agreement and a joint development agreement to enable the licensing of Gevo's isobutanol technology to non-corn based sugar processors, including a majority of Praj's global customer base of ethanol plant owners (PCN, 30 Mar - 6 Apr 2015, p 2). Specifically, Praj will invest in the development and optimization of Gevo's isobutanol technology for use with non-corn feedstocks including sugar cane, beets, cassava, rice, sorghum, wheat and some celluiosic sugars.