ENGLEWOOD, Colo., March 06, 2019 (GLOBE NEWSWIRE) -- Gevo, Inc. (GEVO) announced today that Dr. Patrick R. Gruber will present at the Washington Sustainable Aviation Fuels Summit taking place March 7-8, 2019 in Seattle, WA. Dr. Gruber, Gevo’s Chief Executive Officer, will give a presentation discussing Gevo’s technologies to produce transportation fuels, like renewable jet fuel, that reduce greenhouse gas emissions. Dr. Gruber will also discuss the practical business solutions necessary to leverage system inputs of a “circular economy” where both the fossil-based carbon of jet fuel can be eliminated along with the fossil-based energy used in the production of jet fuel.
Attendees at the Washington Sustainable Aviation Fuels Summit will also hear from other national leaders on engaging and aligning the sustainable fuels value chain as it brings innovative leaders together to develop a local supply chain of clean and sustainable fuels for aviation.
The two-day summit takes place just weeks after the House Appropriations Committee of the State of Washington moved HB 1110 (Clean Fuel Standard) out of the House Appropriations Committee and into the House of Representatives for consideration. Washington could soon join the ranks of California and Oregon in requiring transportation fuels that produce less carbon pollution thereby increasing the market for renewable transportation fuels.
Gevo is a next generation “low-carbon” fuel company focused on the development and commercialization of renewable alternatives to petroleum-based products. Low-carbon fuels reduce the carbon intensity, or the level of greenhouse gas emissions, compared to standard fossil-based fuels across their lifecycle. The most common low-carbon fuels are renewable fuels. Gevo is focused on the development and production of mainstream fuels like gasoline and jet fuel using renewable feedstocks that have the potential to lower greenhouse gas emissions at a meaningful scale and enhance agricultural production, including food and other related products. In addition to serving the low-carbon fuel markets, through Gevo’s technology, Gevo can also serve markets to produce chemical intermediate products for solvents, plastics, and building block chemicals. Learn more at our website: www.gevo.com
Certain statements in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, including, without limitation, statements related to Gevo’s technologies, the State of Washington’s legislative initiatives, including HB1110, and other statements that are not purely statements of historical fact. These forward-looking statements are made based on the current beliefs, expectations and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2017, as amended, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.
Investor and Media Contact
Shawn M. Severson
Integra Investor Relations