Download now: King Coal Triple Play

Gevo Biofuel Opportunity

Gevo Wins Major Biofuel Patent Ruling

Written by Swagato Chakravorty
Posted June 21, 2012 at 5:28PM

Gevo Inc. (NASDAQ:GEVO) scored a major victory in court on Tuesday. U.S. District Judge Sue L. Robinson turned down the preliminary injunction requested by Butamax Advanced Biofuels in a patent case, in which Butamax accused Gevo of infringing on bio-isobutanol patents.

Tuesday's ruling allows Gevo Inc. to sell its bio-isobutanol “in any market, to any customer, in any region.” Shares promptly rose around 40% during Wednesday morning trading.

The company produces its product, which offers promise as a biofuel replacement for ethanol, at an old ethanol plant in Luverne, Minn.

Butamax Advanced Biofuels (a joint venture between BP and DuPont) also makes bio-isobutanol, and Gevo got slapped with a patent infringement suit.

Gevo general counsel Brett Lund remarked:

“We are up against two of the biggest companies in our industry (BP and Dupont) and believe that Butamax's failed motion and ongoing infringement claims are without merit and are merely attempts to derail Gevo's progress.”

He further clarified:

“Gevo has consistently maintained that it does not infringe Butamax’s ‘889, ‘188 and ‘328 patents, because the Gevo-created NKR enzyme used in our engineered yeast strains uses NADH, and not NADPH, as an electron donor. NADH enables Gevo’s yeast strains to produce isobutanol at much greater efficiencies than strains using NADPH.”

According to the ruling, the enzymes in Butamax’s ‘889 patent are “explicitly defined as being exclusively NADPH-dependent.”

Butamax company spokeswoman Pam Schools announced that the company will appeal this decision. As CEO Paul Beckwith said:

“This is an early step in a long and complex litigation process. We remain highly confident in the ultimate outcome of this case and our other cases against Gevo.”

Gevo has not indicated plans to sell the fuel for commercial use. It is currently being produced for military purposes.



Related Articles

Biofuel Could Replace Oil
Guest contributor Brianna Panzica details the plans for the government's $510 million invested in the biofuel industry.
Ethanol Investment Opportunities
As ethanol continues to fall out of favor with Americans, three companies stand out from the rest.
Investing in Energy Independence
Energy and Capital Editor Keith Kohl shows investors how to read between the lines and profit from Obama's energy plan.


Coal Investing Destroyed After Centuries of Dominance
Renewables Take Over
Nuclear Investing After Iran Deal
Look at China
Where is the Oil Cycle?
Marijuana Bank Investing
3 Guaranteed Profits: Gambling, Prostitution, and...
Russian Stocks are Cheap
Fortune Favors the Bold
Invest in the Lithium Revolution
Lithium Demand is Going Berserk
Renewable Energy is Killing Nuclear Power
No Hope for Nuclear
Putin and Saudi Arabia: Oil Dream Team Meet
Marijuana Bank Investing
3 Guaranteed Profits: Gambling, Prostitution, and...
Elon Musk's Lithium Revolution
Supply! Supply! Supply!