August 2, 2011

Gevo partners with Sasol

Ok, not much information given for this announced partnership between bio-isobutanol producer Gevo and South Africa-based chemical company Sasol yesterday during Gevo's second quarter earnings conference call.

According to Gevo, the companies have entered a 3-year commercial off-take supply of bio-isobutanol to Sasol starting in 2012. Gevo anticipates the utilization of majority of their 2012 and 2013 planned production capacity, although the specific volume and price commitments were not mentioned in the press release.

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