Company says it’s close to producing biofuel alternative - Trade Only Today

Company says it’s close to producing biofuel alternative

Author:
Publish date:

In its latest earnings statement, Gevo Inc., a renewable chemicals and advanced biofuels company, mentioned a report by the National Marine Manufacturers Association identifying isobutanol as a possible gasoline blend stock for the marine industry as a "highlight" of its fiscal year.

“Gevo’s 16.1 percent isobutanol blend was compared to standard engine testing gasolines in both emissions and product tests. The NMMA report concluded that isobutanol can be blended into gasoline at higher percentages than ethanol and, unlike ethanol-blended gasoline, isobutanol blends do not cause phase separation when water enters the fuel system,” the company said in its earnings release.

“We are on the cusp of commercializing renewable isobutanol,” CEO Patrick Gruber said in a statement. “The retrofit of our Luverne plant continues on track to start commercial scale production of renewable isobutanol in the first half of this year. We are incorporating our learnings from this retrofit into the ongoing detailed design of the Redfield Energy retrofit in South Dakota.”

Related

E-nnovation Lab to expand at 2018 Metstrade show

The growing demand for hybrid and electric engines is becoming more apparent within the leisure marine market, prompting Metstrade to introduce the E-nnovation Lab platform for electric propulsion technology.

Aluminum, tow boats lead moderate growth in May

Boat registrations were up 2.1 percent in May in the main powerboat categories, and rose 3.2 percent in all categories, according to preliminary data from Statistical Surveys Inc., a Michigan company that tracks new boat registrations.

Retaliatory tariffs on boats to EU start today

The 25 percent tariff the EU announced Wednesday on U.S.-built boats kicks in today, and a 10 percent tariff on boats sold to Canada will start July 1, prompting boatbuilders to worry they will lose sales to those countries.