Gevo announces plans for hydrocarbon-process pilot unit at luverne facility
Englewood, colo., sept. 07, 2021 (globe newswire) -- gevo, inc. (nasdaq: gevo), announced that it plans to install an alcohol-to-hydrocarbon process pilot unit at its facility located in luverne, minnesota (the “luverne facility”). the pilot unit is being designed to produce market development quantities of sustainable aviation fuel (“saf”), renewable premium gasoline, other renewable fuel products, as well as provide capability to supply market development quantities of chemical products. the installation is estimated to begin in q3 2022 with startup demonstration production expected in q4 2022. in addition, we expect to test and evaluate certain potential unit operations that may be incorporated into gevo's state-of-the-art net-zero 1 production facility that is expected to begin production in 2024 in lake preston, south dakota. installation of the pilot unit at the gevo-luverne facility is part of the plan to use the facility as a technology development and piloting site. the pilot unit will also be used in training of employees for net-zero 1 and other future projects.
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