The parties have also signed a commercial off-take agreement, which has three main pillars.
The first two pillars are part of a five-year contract that allows Mansfield to blend Gevo’s isobutanol for its own use, and to be a distributer of Gevo’s isobutanol.
The last pillar is a three-year contract, under which a Mansfield subsidiary will provide supply chain services that include logistics management, customer service support, invoicing and billing services.
Gevo president and COO Christopher Ryan said Mansfield help the company both market and distribute its advanced biofuel product into a complex petroleum market.
Mansfield executive vice president Doug Haugh said through this partnership, the company is working to develop new fuels formulated with renewable isobutanol that expand the renewable content of the fuels it supply.
