A Greenwood Village-based biofuel company has added another major industrial partner that will help it produce low-carbon jet fuel, adding to its partnership with oil giant Chevron.
Gevo Inc. (NASDAQ: GEVO) struck an agreement with Chicago-based agricultural giant ADM (NYSE: ADM) to use half of the ethanol that ADM produces from corn as a feedstock in the low-carbon sustainable aviation fuel that Gevo plans to produce.
The affordable ethanol that ADM produces makes sense, said Patrick Gruber, CEO…