Company type | Public |
---|---|
Nasdaq: GEVO | |
Industry | Renewable fuel, Biofuel |
Founded | 2005 |
Founder | Dr. Peter Meinhold Dr. Frances Arnold |
Headquarters | Douglas County, Colorado, U.S. |
Area served | Worldwide |
Key people | Dr. Patrick Gruber (CEO) |
Products | Isobutanol (Biobutanol) and Hydrocarbon derivatives |
Revenue | US$0.711 Million (Fiscal Year Ended December 31, 2021)[1] |
(US$60.090 Million) (Fiscal Year Ended December 31, 2021)[1] | |
(US$59.203 Million) (Fiscal Year Ended December 31, 2021)[1] | |
Total assets | US$666.476 Million (Fiscal Year Ended December 31, 2021)[1] |
Total equity | US$547.255 Million (Fiscal Year Ended December 31, 2021)[1] |
Number of employees | 99 (Fiscal Year Ended December 31, 2021)[1] |
Website | https://gevo.com/ |
Gevo, Inc. is an American renewable chemicals and advanced biofuels company headquartered in unincorporated Douglas County, Colorado, in the Denver-Aurora metropolitan area. Gevo operates in the sustainability sector, pursuing a business model based on the concept of the "circular economy". The company develops bio-based alternatives to petroleum-based products using a combination of biotechnology and classical chemistry. Gevo uses the GREET model from Argonne National Laboratory as a basis for its measure of sustainability,[2] with the goal of producing high-protein animal feed, corn-oil products, and energy-dense liquid hydrocarbons. Gevo is focused on converting sustainably grown raw materials, specifically No. 2 dent corn, into high-value protein and isobutanol, a primary building block for renewable hydrocarbons, including sustainable aviation fuel, renewable gasoline, and renewable diesel. Gevo markets these fuels as directly integrable on a “drop-in” basis into existing fuel and chemical products.[3]