Post by TanzaniteMotherLodeon Feb 02, 2022 6:29am
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LOI with Chevron (CVX) to make sustainable aviation fuel
LOI with Chevron (CVX) to make sustainable aviation fuel“We are pleased to collaborate with Chevron, who is willing to co-invest in building out Gevo's capacity to produce renewable, high-performing hydrocarbons that can be used in existing equipment and engines. Chevron’s advantaged market position would allow it to offtake production from this venture, helping to place sustainable aviation fuel with airline customers,” commented Dr. Patrick Gruber, chief executive officer of Gevo."
https://investors.gevo.com/news/chevron-gevoxa0announcexa0intent-to-pursue-sustainable-aviation-fuelxa0investment