Gevo (GEVO) and Axens said Wednesday they have formed a new alliance to boost the development and commercialization of sustainable aviation fuel using the ethanol-to-jet pathway.
The companies said they're also integrating their resources to accelerate commercialization of Gevo's ethanol-to-olefins technology. If the technology development is completed successfully, Gevo said it would lead deployment of the ETO technology in North America, while Axens would provide process licensing, catalyst, equipment, and engineering services globally.
Financial details weren't provided.
GEVO shares were over 2% higher in early trading.
Price: 1.80, Change: +0.04, Percent Change: +2.57
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。