Gevo shares are trading higher after the company announced it secured a U.S. Patent for the Ethanol to Olefins (ETO) process, strengthening its IP leadership in bio-based renewable fuel and chemical production.
Portfolio Pulse from Benzinga Newsdesk
Gevo shares rose following the announcement of a U.S. Patent for their Ethanol to Olefins (ETO) process, enhancing their intellectual property in bio-based renewable fuel and chemical production.
September 16, 2024 | 4:50 pm
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Gevo's stock price increased after the company secured a U.S. Patent for its Ethanol to Olefins (ETO) process, which strengthens its position in the renewable fuel and chemical industry.
The patent strengthens Gevo's intellectual property portfolio, potentially leading to competitive advantages and increased market share in the renewable energy sector, which is likely to positively impact the stock price.
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