Gevo and Axens Form Strategic Alliance to Accelerate Sustainable Aviation Fuel Production
Englewood, CO, and Paris, France, February 12, 2025 – Gevo, Inc. (NASDAQ: GEVO), a leading renewable technology, chemical products, and next-generation biofuels company, and Axens, a global leader in the design, engineering, and delivery of high-performance process technologies for the conversion of various feedstocks into clean fuels and chemicals, are thrilled to announce a new strategic alliance. This collaboration aims to advance the development and commercialization of sustainable aviation fuel (SAF) using Gevo’s ethanol-to-jet (ETJ) pathway.
Advantages of the Alliance
The alliance combines the strengths of both companies, enabling them to leverage each other’s complementary value propositions. Gevo brings its patented, next-generation ethanol-to-olefins (ETO) technology to the table, while Axens contributes its best-in-class and commercialized Jetanol™ technology. Both parties believe that this collaboration will result in process and cost improvements.
Real-world Experience and Substantially De-risked Technologies
Gevo and Axens have extensive real-world experience in the biofuels industry. Gevo’s Luverne, Minnesota, biorefinery has been producing isobutanol and renewable jet fuel using its proprietary ETol technology since 2018. Axens, on the other hand, has a long history of providing process technologies and services for the refining industry. Their Jetanol technology has been commercialized in multiple plants worldwide.
Plant Integrations and Pre-engineered Systems
The alliance also includes plant integrations and pre-engineered systems to further accelerate the commercialization of ETJ technology. By working together, Gevo and Axens aim to streamline the implementation process and reduce the time and costs associated with building new SAF production facilities.
Impact on Consumers and the World
The production of sustainable aviation fuel using the ETJ pathway has the potential to significantly reduce greenhouse gas emissions in the aviation sector. According to the International Air Transport Association (IATA), air travel accounted for about 2% of global CO2 emissions in 2019. With the increasing demand for air travel, it is crucial to find sustainable alternatives to fossil fuels. The collaboration between Gevo and Axens brings us one step closer to a more sustainable aviation industry.
As consumers, we can expect to see more sustainable aviation fuel options becoming available at airports in the near future. This could lead to reduced carbon emissions from the aviation sector and a smaller carbon footprint for air travelers. Additionally, the alliance could create new job opportunities in the biofuels industry as more SAF production facilities are built.
Conclusion
The strategic alliance between Gevo and Axens is a significant step forward in the production of sustainable aviation fuel using the ethanol-to-jet pathway. By combining their complementary technologies, real-world experience, and technical resources, the companies aim to accelerate the commercialization of this advanced biofuel. The alliance has the potential to significantly reduce greenhouse gas emissions in the aviation sector and create new job opportunities in the biofuels industry. As consumers, we can look forward to more sustainable aviation fuel options becoming available in the near future.
- Gevo and Axens form strategic alliance to accelerate SAF production using ETJ pathway
- Collaboration leverages complementary value propositions, technologies, and resources
- Real-world experience and de-risked technologies to streamline implementation
- Potential for significant reduction in greenhouse gas emissions in aviation sector
- Creation of new job opportunities in the biofuels industry
