Thursday, March 12, 2015 9:31:00 AM
By PR Newswire, March 12, 2015, 07:00:00 AM EDT
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NEW YORK, March 12, 2015 /PRNewswire/ -- Gevo, Inc. (NASDAQ:GEVO) is an innovative renewable chemicals and biofuels company. It has developed a proprietary technology to focus primarily on the production of isobutanol, as well as related products from renewable feedstocks. The company has a distinguished list of partners including The Coca-Cola Company, Toray Industries Inc. and Total SA. NASA has bought Gevo's renewable Alcohol-to-Jet fuel (ATJ) for aviation use. Marine Industry Consortium has confirmed positive test results using Gevo's Isobutanol in boat engines. Gevo recently announced initiatives to improve Cash Flow due to which its average monthly EBITDA burn rate (excluding stock-based compensation) is expected to decline by almost 40% to approximately $1.50-1.75 million in 2015
Read more: http://www.nasdaq.com/press-release/gevo-inc-analyst-report-issued-by-brokerbank-securities-inc-20150312-00175#ixzz3UB5tdIdt
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