Gevo, Inc. (NASDAQ:GEVO), has announced that following the recent completion of successful compatibility tests, the company will collaborate with ValvTect, a leading supplier of marine fuel additives, in bringing renewable isobutanol fuel blends to ValvTect branded marinas.
With a distribution network of over 700 marinas, believed to represent more than half of the marinas in the U.S., this collaboration provides Gevo with access to marinas that currently utilize ValvTect additives. In addition, this partnership is expected to open the door for Gevo and ValvTect to continue the expansion into additional marinas, which will look to provide high-performance gasoline blends comprising Gevo's renewable isobutanol and ValvTect's additives.
Gevo's announcement comes after a series of tests were run using clear (ethanol-free) gasoline that was combined with 16 percent isobutanol and ValvTect's marine fuel additive. The results proved the compatibility of the combination.
When used in marine fuel, the tests indicate that Gevo's isobutanol provides higher energy content than ethanol blends, prevents moisture absorption and phase separation and reduces engine corrosion. In addition, Gevo's isobutanol was recently endorsed by the National Marine Manufacturers Association (NMMA). ValvTect marine fuel additives are formulated to improve fuel quality, enhance engine performance and extend engine life.
"We are impressed with the quality of Gevo's isobutanol fuel blend," said Marvin Griffin, President of ValvTect. "When combined with ValvTect's marine fuel additive, you're looking at a final product that we believe is a superior fuel for boat engines. This is a winning scenario for all parties - ValvTect, Gevo, marinas and boating enthusiasts alike."
"The Gevo team is extremely pleased with the results of blending our isobutanol biofuel with ValvTect's marine fuel additive," said Dr. Patrick Gruber, Chief Executive Officer of Gevo. "The data shows that when used together, these two top-quality fuel products are beneficial to the performance of marine engines. ValvTect is a well-known and trusted brand in the marina market, so the fact that ValvTect is collaborating with Gevo should give marina customers confidence in the reliability of their fuel."
