Gevo Signs Master Services Agreement With McDermott For Sustainable Aviation Fuel Facilities
Portfolio Pulse from Benzinga Newsdesk
Gevo Inc. has signed a Master Services Agreement with McDermott for the development of sustainable aviation fuel facilities. The agreement will allow Gevo to leverage McDermott's expertise in engineering and construction to build facilities that will produce sustainable aviation fuel and other renewable hydrocarbon products.
July 24, 2023 | 1:07 pm
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Gevo Inc. has entered into a partnership with McDermott to develop sustainable aviation fuel facilities. This could potentially increase Gevo's production capabilities and market reach.
The partnership with McDermott could potentially increase Gevo's production capabilities and expand its market reach. This could lead to increased revenues and profitability, which could positively impact the company's stock price in the short term.
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