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Gevo Closes Funding Round With Global Specialty Chemical Company LANXESS

Gevo, a privately held biobutanol and renewable hydrocarbons company, has closed a round of funding led by German specialty chemicals company LANXESS. Existing investors also participated in the round.

In connection with this financing, Gevo also announced that Dr. Ron Commander, head of the LANXESS Group’s Butyl Rubber Business Unit, will join the Gevo Board of Directors. The LANXESS investment comes after the French oil and gas giant Total invested in the Company. (Earlier post.)

We are extremely pleased to have LANXESS make a strategic investment in Gevo and appreciate their confidence in our isobutanol platform. We expect this renewable hydrocarbon feedstock will have many applications in a variety of chemical markets.

—Patrick Gruber, CEO of Gevo

Isobutanol is a four carbon alcohol widely used in the petrochemical and refining industries. It can be dehydrated with known processes into isobutylene, a hydrocarbon with broad applications in the chemicals and fuels markets. Production by fermentation of plant-based (renewable) carbohydrates is widely seen as a lower carbon footprint route than traditional petroleum based production. Gevo and ICM, the Company’s strategic engineering partner, completed the retrofit of ICM’s one million gallon per year ethanol demonstration plant in St. Joseph, MO to make isobutanol in September, 2009. (Earlier post.)

LANXESS is a leading specialty chemicals company with sales of €5.06 billion in 2009 and currently around 14,300 employees in 23 countries. The core business of LANXESS is the development, manufacturing and marketing of plastics, rubber, intermediates and specialty chemicals.


Henry Gibson

The introduction of fission produced hydrogen from water and carbon monoxide fom CO2 into the fermentation process will reduce the net CO2 production almost entirely or even more than eliminate it under some conditions.

Biofuels have been and will continue to be a cause of high food prices and low health and nutrition around the world. The governmental mandates and promotion of biofuels must at this point be considered a crime against humanity because of the multiplication of food prices for the poor in many places.

Each government that hinders or does not support the use of cheap fission energy is mistreating its citizens if it is also imposing restrictions on fossil fuels.

Goverments accept the demise of many persons on motorways and in accidents in homes and by the effects of the use of tobacco a known poison statistically much deadlier than plutonium, and they can accept the demise of a few tens every decade from fission for the promotion of the health of billions.

Every kilogram of live matter has always had about 50 nuclear explosions of potasium in it every second. This does not consider the rays from space and rocks. Every bit of soil is radio-active, and every organic and other food puts radio-active elements into the food since life began. If ethanol has fewer than so many carbon 14 explosions in it every second it is not bioethanol and cannot be sold as such for drinking or any other purpose. ..HG..

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