doewap schreef op 12 september 2016 08:12:
www.biofuelsdigest.com/bdigest/2016/0...Quote (vet door mij aangebracht):
Gevo utilized the enthusiasm generated in financial markets yesterday to raise $15.6M in cash
and to convert $11M in debt to equity.
What the deal means in the short term
Here’s what it means in a practical sense. Expect Gevo to wind down ethanol production and
convert the entire Luverne facility over to isobutanol, now that demand is ramping up. There will be a hydrocarbon upgrading technology added, which will give Gevo the option to produce up to 10 million gallons of hydrocarbon fuel from 13 million gallons of isobutanol.