Gevo, Inc. and VP Racing Fuels Announce Collaboration to Develop and Commercialize Specialty Fuel Blends
5/2/2012 10:50:36 AM
ENGLEWOOD, Colo.--(BUSINESS WIRE)--Gevo, Inc. (NASDAQ: GEVO), a leading renewable chemicals and next generation biofuels company, and VP Racing Fuels, Inc., a world leader in performance fuel technology and high-quality specialty fuel blends, have agreed to jointly evaluate the commercial potential for isobutanol in a wide array of markets. The goal is to develop a product line of renewable, high-performance, isobutanol-based fuel blends for the small engine market while looking toward other performance applications for isobutanol as well. The relationship will allow the companies to initially assess market opportunities, positioning and distribution channels to commercialize renewable fuels for outdoor power equipment.