The agreement marks a significant milestone in Gevo’s journey towards commercializing its renewable fuel technology. It also highlights the growing demand for sustainable fuels in the motorsport industry. Gevo’s renewable blendstock is a high-performance, low-carbon intensity fuel that can be used in a variety of applications, including motorsports. It is produced using renewable feedstocks, such as corn and sugarcane, and is designed to meet the stringent requirements of the motorsport industry. Shell’s expertise in the development and production of sustainable fuels will be invaluable in helping Gevo commercialize its technology.
This commitment to sustainability is not limited to racing. Shell is actively involved in developing and deploying sustainable fuels for various applications, including road vehicles, marine vessels, and aviation.”
This commitment to sustainability is reflected in Shell’s global strategy, which emphasizes the development and deployment of sustainable fuels. This strategy is supported by significant investments in research and development, as well as partnerships with leading organizations in the sustainable fuels sector.
Actual results may differ materially from these forward-looking statements. ## Summary
Gevo, Inc. (Gevo) is a publicly traded company that develops and commercializes sustainable biofuels and other renewable chemicals. The company’s core business revolves around the production of renewable fuels, specifically biobutanol, a versatile and high-performance biofuel.