Chevron, gevo announce intent to pursue sustainable aviation fuel investment

San ramon, calif. & englewood, colo.--(business wire)--chevron u.s.a. inc., a subsidiary of chevron corporation (nyse: cvx), and gevo, inc. (nasdaq: gevo) today announced a letter of intent to jointly invest in building and operating one or more new facilities that would process inedible corn to produce sustainable aviation fuel, which can lower the lifecycle carbon intensity of fuels used in the aviation industry. the new facilities would also produce proteins and corn oil. through the propose
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