Aktie gestern mit einem Sprung von 35% nach einer Meldung, dass die Lufthansa Gevo´s aus Mais gewonnenen Biotreibstoff für kommerzielle Flugzeugbetankung testen will. Das Volumen 10x höher als das Durchschnittsvolumen. Wichtiger Widerstand für den heutigen Handel ist die 1.34 US$ Marke.Trades und Ideen auf Twitter
Gevo Signs Strategic Alliance Memorandum of Understanding With Praj
03/24 13:00:04
ENGLEWOOD, Colo., March 24, 2015 (GLOBE NEWSWIRE) -- Gevo, Inc. (Nasdaq:GEVO), announced today that Praj Industries Limited ("Praj") has signed a memorandum of understanding (MOU) to become a Gevo licensee for producing renewable isobutanol at sugar-based ethanol plants.
Under the MOU, Praj will undertake to license up to 250 million gallons of isobutanol capacity for sugar-based ethanol plants over the next ten years. Gevo will market the isobutanol produced by Praj's sub-licensees. Praj will also contribute process engineering and equipment services to expand isobutanol capacity at Gevo's plant in Luverne, Minn, as well as to improve yields and optimize energy consumption at the facility.
Praj is a global leader in the ethanol and brewery industries, in addition to the industrial wastewater treatment, pharma, biotech and cosmetic sectors. It has blue-chip customers across five continents and sixty countries. Praj has core expertise and experience is in process and integration engineering, as well as equipment and system manufacturing, with a strong focus on sustainable development with the help of in-house state-of-the-art R & D facilities to back up process expertise. Praj's fiscal year 2014 group revenues were approx INR 10 billion (equivalent to approximately US$160 million), and employs over 1,000 people globally, with 85% of its workforce comprising engineers and technical experts across its core sectors.
"Praj has conducted significant diligence on Gevo's corn starch-based isobutanol technology and we believe in the technology," said Pramod Chaudhari, Executive Chairman of Praj. "Isobutanol has a substantial market opportunity given that isobutanol is a high performance biofuel that can solve many of the issues of 1st generation biofuels. It also enables a true biorefinery model wherein a number of specialty chemicals and bio-products can be produced using isobutanol as a feedstock. We look forward to creating a new opportunity for 1st generation sugar-based ethanol plant owners, as well as accelerating the use of 2nd generation cellulosic feedstocks to produce isobutanol."
"We are very pleased to be working with Praj and having them become an important licensee and partner. This new strategic alliance demonstrates the flexibility of Gevo's GIFT® technology to convert a wide range of sugar sources into isobutanol. It also continues to validate the interest in licensing our intellectual property portfolio as we look to transition our business to focus more on a licensing model," said Dr. Patrick Gruber, Gevo's Chief Executive Officer.
About Gevo
Gevo is a leading renewable technology, chemical products, and next generation biofuels company. Gevo has developed proprietary technology that uses a combination of synthetic biology, metabolic engineering, chemistry and chemical engineering to focus primarily on the production of isobutanol, as well as related products from renewable feedstocks. Gevo's strategy is to commercialize biobased alternatives to petroleum-based products to allow for the optimization of fermentation facilities' assets, with the ultimate goal of maximizing cash flows from the operation of those assets. Gevo produces isobutanol, ethanol and high-value animal feed at its fermentation plant in Luverne, MN. Gevo has also developed technology to produce hydrocarbon products from renewable alcohols. Gevo currently operates a biorefinery in Silsbee, TX, in collaboration with South Hampton Resources Inc., to produce renewable jet fuel, octane, and ingredients for plastics like polyester. Gevo has a marquee list of partners including The Coca-Cola Company, Toray Industries Inc. and Total SA, among others. Gevo is committed to a sustainable bio-based economy that meets society's needs for plentiful food and clean air and water.
About Praj Industries Limited
Praj is a global process solutions company driven by innovation and integration capabilities, offers solutions to add significant value to bio-ethanol facilities, brewery plants, water & wastewater treatment systems, critical process equipment & systems, high purity solutions and bioproducts. Over the past three decades, Praj has focused on environment, energy and agri process led applications. Praj has been a trusted partner for process engineering, plant & critical equipment and systems with over 600 references across five continents. Solutions offered by Praj are backed by its state of the art R&D Center called Matrix. Led by an accomplished and caring leadership, Praj is a socially responsible corporate citizen. Praj is listed on the Bombay and National Stock Exchanges of India. For more information, visit www.praj.net.
aktuell + 8 % und TH...Hinweis nach § 34 des WpHG zur Begründung möglicher Interessenskonflikte:
Meine Beiträge stellen weder Kauf- oder Verkaufsempfehlungen dar
Die grösste Entscheidung deines Lebens liegt darin dass du dein Leben ändern kannst,
indem du deine Geisteshaltung änderst (Albert Schweitzer)
Significant Progress Made on Commercial Production of Isobutanol at Luverne, Focus Turns to Licensing
Reports EPS of ($0.11) for the fourth quarter
Ended the fourth quarter with cash and cash equivalents of $6.4 million
In February 2015, closed an offering of common stock units representing gross proceeds of $6.65 million; have subsequently received an additional $2.0 million of gross proceeds through the exercise of warrants associated with this offering
Revenue in fourth quarter 2014 was $9.5 million, as compared to $1.7 million for the same quarter in 2013
Met milestone of producing greater than fifty thousand gallons of isobutanol in one month at Luverne in December 2014
Achievements and data at Luverne support the acceleration of Gevo's isobutanol licensing program
Luverne focus switched to the maximization of plant-level cash flows, while continuing to seed key isobutanol markets in chemicals and fuels
Introduced new ethanol-to-hydrocarbons technology which could provide the ethanol industry a much broader set of end-product market and margin opportunities http://ir.gevo.com/phoenix.zhtml?c=....ewsArticle&ID=2029021
Significant Progress Made on Commercial Production of Isobutanol at Luverne, Focus Turns to Licensing
Reports EPS of ($0.11) for the fourth quarter
Ended the fourth quarter with cash and cash equivalents of $6.4 million
In February 2015, closed an offering of common stock units representing gross proceeds of $6.65 million; have subsequently received an additional $2.0 million of gross proceeds through the exercise of warrants associated with this offering
Revenue in fourth quarter 2014 was $9.5 million, as compared to $1.7 million for the same quarter in 2013
Met milestone of producing greater than fifty thousand gallons of isobutanol in one month at Luverne in December 2014
Achievements and data at Luverne support the acceleration of Gevo's isobutanol licensing program
Luverne focus switched to the maximization of plant-level cash flows, while continuing to seed key isobutanol markets in chemicals and fuels
Introduced new ethanol-to-hydrocarbons technology which could provide the ethanol industry a much broader set of end-product market and margin opportunities http://ir.gevo.com/phoenix.zhtml?c=....ewsArticle&ID=2029021
WB GEVO Ltd. (off shore gevo) converted 31M in debt to shares owning 22,537,983shrs (16%) Total Energy picked up 4Mshrs the same day! This brings over 25% of the float in GEVO hands. These guys know what they are doing. This is going to look great next QTR
??? http://finance.yahoo.com/mbview/thr....98&tls=la%2Cd%2C0%2C3
WB GEVO Ltd. (off shore gevo) converted 31M in debt to shares owning 22,537,983shrs (16%) Total Energy picked up 4Mshrs the same day! This brings over 25% of the float in GEVO hands. These guys know what they are doing. This is going to look great next QTR
??? http://finance.yahoo.com/mbview/thr....98&tls=la%2Cd%2C0%2C3
Hinweis nach §34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser von o.g. Beitrag kann Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n) halten. Entsprechende Beiträge stellen keine Kauf- oder Verkaufsempfehlungen dar.
haben gestern ne mega news rausgebracht.....(siehe link) rechne hier in kürze mit einem zug richtung 12-16$. werde nach unten hin weiter aufstocken. don´t follow me.........i´m lost too
haben gestern ne mega news rausgebracht.....(siehe link) rechne hier in kürze mit einem zug richtung 12-16$. werde nach unten hin weiter aufstocken.
schon beeindruckend wie cool & mit welcher überzeugung du deine sachen immer so durchziehst Hinweis nach § 34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser dieses Beitrags hält jetzt oder zukünftig Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n). Entsprechende Beiträge stellen keine Kauf- oder Verkaufsempfehlungen dar.
Hinweis nach §34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser von o.g. Beitrag kann Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n) halten. Entsprechende Beiträge stellen keine Kauf- oder Verkaufsempfehlungen dar.
Zuletzt bearbeitet von MAGNA am 12.05.2015, 14:34, insgesamt einmal bearbeitet
Hinweis nach §34 WpHG zur Begründung möglicher Interessenskonflikte: Der Verfasser von o.g. Beitrag kann Short- und/oder Long-Positionen in der/den behandelte(n) Aktie(n) halten. Entsprechende Beiträge stellen keine Kauf- oder Verkaufsempfehlungen dar.
Hinweis nach § 34 des WpHG zur Begründung möglicher Interessenskonflikte:
Meine Beiträge stellen weder Kauf- oder Verkaufsempfehlungen dar
Die grösste Entscheidung deines Lebens liegt darin dass du dein Leben ändern kannst,
indem du deine Geisteshaltung änderst (Albert Schweitzer)