User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


76° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Biobutanol Firm To Shift To Ethanol In Short-Term

September 25, 2012, 4:36 PM

SIOUX FALLS, SD -

A next-generation biofuels company says it's suspending plans to produce isobutanol from corn at its Minnesota plant and will instead make ethanol in the near term while it tweaks its process.

Isobutanol is an industrial chemical that can be used as an additive to gasoline, plastics and paints.

Englewood, Colo.-based Gevo Inc. had hoped that its Luverne, Minn., plant would be producing 1 million gallons of isobutanol per month by the end of the year. Its CEO now says that will likely happen sometime in 2013.

The pushed-back timetable could also delay the conversion of a Redfield, S.D., co-op corn ethanol plant into a biobutanol plant to sometime in 2014.

Gevo made the announcement late Monday. On Tuesday, its shares plunged 35 percent to $2.14 per share.

Previous Story

Next Story




 
Find Local Businesses on KELO Pages!

View business

You may also like

Two KELOLAND Target Stores Now Open Extended Hours

8/19/2014 12:16 PM

Night owls who enjoy shopping at Target will soon have a few more hours to browse the shelves.

Full Story
SF Food Scene Gets Some National Attention

8/15/2014 8:14 PM

Sioux Falls' local flavor is getting national attention.

Full Story
Raven Balloons In Demand By Google

8/20/2014 9:10 AM

Raven Industries reports that sales for the second quarter are up to $94.5 million from $93.4 million the same time last year, due in part to Google&#...

Full Story
East 10th Street Turnaround

8/14/2014 10:00 PM

Any way you slice it, opening on East 10th Street in Sioux Falls was a good business decision for The Pizza Man.

Full Story | Watch
New CEO Of Idled Aberdeen Beef Plant Optimistic

8/17/2014 3:45 PM

The new CEO of a beef plant that has sat idle in Aberdeen since 2012 is optimistic about the facility's future.

Full Story


Events