Butamax Advanced Biofuels LLC And Gevo Inc enter into global patent cross-licence and settlement agreements to accelerate development of markets for bio-based isobutanol and end all litigation

摘要

Gevo Inc and Butamax Advanced Biofuels LLC, a joint venture between BP and DuPont, announced that they have entered into worldwide patent cross-licence and settlement agreements, ending a patent dispute related to technologies for the production of bio-based isobutanol. This settlement ends all of the lawsuits and creates a new relationship between the companies, aimed at leveraging each other's strengths and accelerating development of competitive supply for bio-based isobutanol.