Top 20 Stories of 2020

#12 Gevo’s historic $900 million offtake deal with Trafigura Group

This summer, Gevo entered into a long term, take or pay Renewable Hydrocarbons Purchase and Sale Agreement with Trafigura Group, the largest contract in Gevo’s history. Trafigura is one of the world’s leading independent commodity trading companies with over $171B and over $54B in revenue and assets, respectively. Under this contract Trafigura is expected to take delivery of 25 million gallons per year of renewable hydrocarbons, the majority of which is expected to be low-carbon premium gasoline with a smaller portion of the volume for sustainable aviation fuel starting in 2023.

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