en.Wedoany.com Reported - American biofuels company Gevo recently announced a potential expansion plan for its Gevo North Dakota (GND) facility located in Richardton, North Dakota. The project plans to add a second ethanol production facility, aiming to increase the annual production capacity of low-carbon ethanol to 75 million gallons.

Gevo President Paul Bloom stated: "The production expansion at Gevo North Dakota is our top priority. We believe GND is one of the ideal locations in the United States, with a solid foundation in agriculture and energy industries, and local farmers continuously improving production efficiency. We already possess core resources in North Dakota, including proven carbon capture and sequestration infrastructure and pore space rights. Based on existing engineering development work, we expect this expansion to efficiently allocate capital, reduce risks, expand carbon business, and produce clean, low-carbon fuels and byproducts."

Previously, Gevo announced plans to gradually increase the annual production capacity of the GND facility from 67 million gallons to 75 million gallons within the next year. GND's integrated system combines ethanol production, carbon dioxide capture, and permanent sequestration technologies, enabling the company to monetize carbon in voluntary carbon markets and low-carbon fuel markets. It also generates significant revenue by producing energy with reduced lifecycle carbon intensity, including scaling up Sustainable Aviation Fuel (SAF) production through the Alcohol-to-Jet (ATJ) pathway.

Combining the newly announced potential capacity increase with the previous gradual expansion, the GND facility is expected to ultimately achieve an annual production of approximately 150 million gallons of low-carbon ethanol. It will also capture over 400,000 tons of carbon dioxide and produce additional animal feed and corn oil. This bio-sourced clean carbon dioxide supports the company's growing carbon business, covering low-carbon fuel production and voluntary carbon dioxide credit markets. As an important byproduct, carbon dioxide can be efficiently captured and used for industrial applications, such as enhanced oil recovery, or generate carbon removal credits through permanent sequestration.

Bloom added: "We anticipate this project will solidify Gevo's position in meeting domestic and international demand for low-carbon ethanol and lay the foundation for future large-scale SAF opportunities. The interest we have received from multiple potential financiers reflects the strategic value and confidence in Gevo's North Dakota expansion plan. We are evaluating these value-added opportunities to ensure sustained growth and long-term shareholder value."

While advancing the expansion plan and evaluating other strategic initiatives, Gevo will continue to collaborate with state, county, and local stakeholders. With the reaffirmation of priorities under the U.S. Environmental Protection Agency's Renewable Fuel Standard, the company is poised to support American agriculture, strengthen rural economies, and promote energy development.

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