Gevo, Land O’Lakes Purina Feed sign off-take marketing agreement

Gevo, Land O’Lakes Purina Feed sign off-take and marketing agreement

10:54 PM, 10th January 2012
Gevo, Land O’Lakes Purina Feed sign off-take and marketing agreement
Patrick Gruber, CEO, Gevo.

ENGLEWOOD, US: Gevo Inc, a renewable chemicals and advanced biofuels company, announced that it had signed an off-take and marketing agreement with Land O’Lakes Purina Feed for the sale of distillers grains from Gevo’s isobutanol production facility (isobutanol distillers grains or, iDGs) at Luverne, Minnesota. Land O’Lakes Purina Feed will exclusively market Gevo’s isobutanol dried and modified wet distillers grains for the animal feed market. Gevo’s fermentation process converts only the carbohydrates (corn starch) into isobutanol while capturing 100 per cent of the corn protein, the most valuable part, for animal nutrition.

According to the USDA’s Economic Research Service, one metric tonne of dried distillers grain can replace on average 1.22 metric tonne of animal feed consisting of corn and soybean meal in USA. “Corn is interesting as a feedstock because it has both protein and carbohydrates. Producing protein and animal feed from agriculture is extremely important, and selling the protein for feed, and using the excess carbohydrate for chemicals and fuels makes great sense given the fact that almost all of the nutritional value of corn can be captured in the animal feed product,” said Patrick Gruber, CEO, Gevo.

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