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NASDAQ DIP and RIP
Posted On: 06/11/2016 4:12:04 PM
Post# of 23069
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Posted By: QP
$GEVO
from Alaska Air Blog site
Halley Knigge, Staff Writer
June 10, 2016
Thanks for your question. First, I just want to clarify that this was not a fuel additive, but a jet fuel made from plants instead of petroleum. Alaska has set a goal of using sustainable aviation biofuel on all flights at one or more of our primary airports by 2020. While Tuesday’s flights were unique events, we hope to continue to work with fuel producers over the next few years to develop commercial volumes of sustainable aviation fuels. Later this summer, we plan to fly the first commercial flight of Alcohol-to-jet (ATJ) biofuel produced by Gevo using forest residuals as a feedstock instead of sustainable corn.
Now that Gevo has a proven concept they're biggest challenge is going to be to built a facility to produce the fuels and feed products in quantity to bring down the cost of the fuel to increase sales and customers.

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