IHS Chemical Week

Markets :: Alternative Fuels :: Biorefineries

Gevo posts net loss; on track for Luverne restart in 2013

3:13 PM MDT | April 30, 2013 | Rebecca Coons

Biobased isobutanol firm Gevo (Englewood, CO) reported a net loss of $18.4 million (45 cts/share) for its fiscal first-quarter ended 31 March, compared with a net loss of $19.3 million in the year-ago quarter. Analysts expected the company to post a net loss of 40 cts/share, according to Thomson Reuters (New York). Revenue fell 76.5%, to $3.5 million, reflecting ethanol sales from its Luverne, MN biorefinery in the 2012 quarter. Revenue reported in the first quarter of 2013 included proceeds of $2.4 million from further reduction of Gevo's corn inventory, with...

This information is only available to Chemical Week subscribers.

Username:
Password:

Forgot your user ID or password?
Click here to have it sent to you.



Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.

 














 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa