Drop in Technologies to ProduceButanols and Hydrocarbons1
Gevo:  Who We Are …gevoFounded in 2005, based in Englewood, ColoradoPilot plant, laboratory & office space totaling 30,000 square feet1 million gallon per year demo plant in St. Joseph, MO with ICM>169 patents & applications including exclusive licenses from Caltech, UCLA (isobutanol pathway) and Cargill (cellulosic sugars)Experienced & successful management team-over 150 years of experience in large scale industrial bioprocessing and renewable chemicals, fuels, plasticsTeam has developed and commercialized biobased ethanol, lactic acid, PLA polymers, lysine, others
Successfully engineered, develop, implemented new yeast biocatalysts and processes53 employeesSt. Joseph, MOEnglewood, CO
Investorsgevo34%12%8%7%1%10%
PartnersgevoMost NA ethanol plants contain ICM technology
Biomass to HydrocabonsgevoCornFermentation& BioprocessingHydrocarbonProcessingSugarFeedstockBlendstocks & FuelsAg ResiduesWoodChemicalProcessingIsobutanolIsobutyleneEnergy CropsChemicals and MaterialsSolventsChemicalsGevo’s Integrated Fementation Technology GIFT®
Products and Markets
The Benefits of Isobutanol as an OxygenategevoIsobutanol Lowers RVP in GasolineE10Benefits:Lower RVP = easier to meet clean air actHigher Energy Density= greater miles/gallonLower oxygen content = possibility for higher add’n ratesLower water solubility = add at the refiner or blender
 Hydrocarbon Blendstocks & Fuels-Drop In SubstitutionsgevoLow RVP Bio-BlendstocksRenewable Gasoline that meets ASTM SpecsHydrocarbon fingerprintTypical Refinery Fossil GasolineGevo 90% Renewable Gasoline
gevoGevo Jet Fuels-Designed and Drop in C12 isoparaffinsHigher Flash pointLower Freezing point100% Renewable CarbonC16 isoparaffinsGC-FID Agilent 7890A, DB-5 column, temperature program started at 40 °C  heated up at  10 °C/min to 240 °CPassed Tier 1 Testing
Passed Tier 2 Testing
Designer fuelsGevo Aviation Gasolinegevo Conventional 100 LL
 Gevo AvGasisopentaneGevo AvGas is renewable 91 UL:  68% isooctane (MON ~93)
  10% toluene (MON ~115)
  22% isopentane (MON ~90)
MON = 91
Supercharge Octane Number = 96
No benzene, lead, or sulfur
  >95% GHG emission reduction using 	corn stoverisooctaneDistillation Curvetoluenebenzene°C% volume
Bio-Diesel Esters ButanolsgevoBio-Diesel Blendstocks/Additives-H2OIsobutyleneEstersMelting Point (°C)1Cetane Number11 Fuel Processing Technology, 2005, 86, p.1059-1070  “Dependence of biodiesel fuel properties on the structure of fatty acid alkyl esters”11
MaterialsgevoIsobutanolIsobutylene
Technology
Gevo Solutions Address Critical Issues of Advanced BiofuelsgevoGevo SolutionChallengesButanolLow
Economic concentration is toxic to production organism
Difficult and expensive to remove water
High capital cost
Gevo’sIntegrated Fermentation Technology (GIFTtm)

09 CeoMeeting- Session1- Gevo

Editor's Notes

  • #5 broke ground on a multi-million-dollarresearch lab and pilot plant in St. Joseph, MO,and expanded its Colwich research facilities.In 2006, two out of three plants under construction in North America featured our technology2007: 2.1 BGY of the 5.8 BGY of ethanol produced in the U.S. were the result of ICM process technology
  • #6 Isobutanol is already used in the chemical industry and the food and beverage industry. It occurs naturally in Food (Grapes, Apples, Coffee, Bread)Isobutanol is An oxygenate with hydrocarbon-like properties. Easily converted into HYDROCARBONS for FUELSWe start with any carbohydrate. Currently the fermentation technology takes starches, but we are developing our next generation technology to accept mixed sugars, like those obtained from biomass feedstocks. We are collaborating with other companies developing biomass collection and processing capabilities. When ready, we will bring them together to utilize whichever feedstock makes the most sense.The biggest breakthrough Gevo has made is in the fermentation and purification process for isobutanol. We have utilized the best biotechnology tools and most experienced people to deliver a fermentation technology that delivers isobutanol as a single product. We have developed a novel separation process that works together with fermentation to provide isobutanol in high purity using low energy and low cost. What’s more, this technology fits into ethanol assets with little capital investment! Providing a lower capital cost, lower risk means of growing our business.Process produces a highly pure isobutanol, which is used today in the chemical industry and is a superior fuel oxygenate.This allows for a highly pure isobutylene and a capability to build up molecules as needed by the market. While not complete control, much more so than an oil refinery which is breaking down molecules. This results in lower capital and far fewer coproducts per unit of desired product.Utilizing known unit operations and catalysts from the refinery industry, we have developed hydrocarbon production processes for a variety of hydrocarbon types.Using this approach we will tailor products for the markets, enable options for ethanol producers, enable routes for meeting RFS without compromising air quality, provide greater options for refiners and others in the fuel value chain --- and deliver avgas!
  • #8 Addition of ethanol increases RVP. In order to meet RVP standard of the clean air act, refiners have to change the formulation in their BOB to include more expensive ingredients to counteract ethanol—this is one reason why refiners oppose it. Isobutanol on the other hand, lowers RVP. Moreover the oxygen content of 3.4%--the E10 blend wall, would be equate to a B16. In other words, a 16% butanol in gasoline would equate to 3.4% oxygen. 3.4% oxygen is 10 Ethanol. (Butanol has more carbons per oxygen, hence one can gets more fuel per oxygen). The green line is Butanol added to E10. Notice the RVP decrease.
  • #11 Chemically, Gevo Avgas is nearly identical to existingPreliminary Static Engine Test Results: Plane built from Van’s Aircraft RV-6 kit with Superior Air Parts, Inc. SL360 engine Engine temperature and pressure monitored with JP Instruments EDM-700 Low and high RPM with plane wheels lockedPerformance of Gevo AvGas was indistinguishable from purchased 100 LL