BIO Congratulates Gevo on Successful Plant Startup

Business Wire

WASHINGTON--(BUSINESS WIRE)--

James C. Greenwood, President and CEO of the Biotechnology Industry Organization (BIO), today attended the ribbon cutting ceremony of Gevo’s new demonstration-scale biorefinery in Silsbee, Texas, and issued the following statement:

“Industrial biotechnology companies such as Gevo show the true scope and reach of American innovation and ingenuity. After you visit these companies, after you see how entrepreneurs like Gevo CEO Pat Gruber and his team are strengthening and revitalizing American manufacturing, it’s hard not to be bullish about the future of industrial biotech and of our country.

“Looking at this operation, you can see that this industry not only is for real, but also has the potential to help transform our future; to lessen our dependence on foreign petroleum; to help reinvigorate American industry and manufacturing; and to create good-paying American jobs in Silsbee, Texas, and in hard working communities across the country.

“Gevo’s new biorefinery is showing us the role that industrial biotech can play in a renaissance in America’s chemical industry. It is showing us how American companies can compete and capture more of our share of the $2.4 trillion global clean energy market and the $3.7 trillion global chemicals market.”

About BIO

BIO represents more than 1,100 biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products. BIO also produces the BIO International Convention, the world’s largest gathering of the biotechnology industry, along with industry-leading investor and partnering meetings held around the world. BIO produces BIOtechNOW, an online portal and monthly newsletter chronicling “innovations transforming our world.” Subscribe to BIOtechNOW.

Upcoming BIO Events

BIO Investor Forum
October 8-9, 2013
San Francisco, CA

BIO IPCC Conference
November 6-8, 2013
Washington, DC

BIO Convention in China
November 11-13, 2013
Beijing, China

Pacific Rim Summit on Industrial Biotechnology & Bioenergy
December 8-11, 2013
San Diego, CA

BIO CEO & Investor Conference
February 10-11, 2014
New York, NY

Contact:
Biotechnology Industry Organization (BIO)
Paul Winters, 202-962-9237
Web: www.bio.org
Blog: www.biotech-now.org
Twitter: @IAmBiotech

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