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People & Business :: Emerging Companies
Gevo ships biobased p-xylene to Toray
11:03 AM MDT | June 2, 2014 | Francinia Protti-Alvarez
Gevo (Englewood, CO) says it is selling para-xylene (p-xylene) derived from its renewable isobutanol to Toray Industries. Toray expects to produce polyester fibers, yarns, and films from Gevo's p-xylene for scale-up evaluation and market development purposes. The p-xylene was sold under a previously announced offtake agreement with Toray. As a result of the shipment, Gevo will obtain revenue from the sale of the p-xylene as well as from initial funding assistance provided by Toray for the project. Toray provided funding assistance for the construction of...
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