Gevo acquired Red Trail Energy's ethanol plant and carbon capture assets for $210 million, providing potential for sustainable aviation fuel production and projected annual EBITDA of $30-60 million.
Refining ethanol from corn-plant material, called stover, makes use of the waste left on fields after harvest and expands the potential production of ethanol without using more of the grain itself.
Omaha-based Green Plains is temporarily closing its Fairmont, Minn., ethanol plant, sidelining 55 workers amid an oversaturated market for the renewable biofuel. The biorefining company laid off ...
Gevo (NASDAQ:GEVO) said Monday it agreed to acquire the ethanol production plant and carbon capture and sequestration assets of Red Trail Energy in North Dakota for $210M. In addition to creating ...
LanzaJet has partnered with Sembcorp Utilities (UK) Limited, a wholly-owned entity of Sembcorp Industries Ltd, to develop an ethanol-to-SAF facility at Wilton International in Teesside, UK. Through a ...