09:54 AM EST, 02/12/2025 (MT Newswires) -- Gevo ( GEVO ) and Axens said Wednesday they have formed a new alliance to boost the development and commercialization of sustainable aviation fuel using the ethanol-to-jet pathway.

The companies said they're also integrating their resources to accelerate commercialization of Gevo's ( GEVO ) ethanol-to-olefins technology. If the technology development is completed successfully, Gevo ( GEVO ) said it would lead deployment of the ETO technology in North America, while Axens would provide process licensing, catalyst, equipment, and engineering services globally.

Financial details weren't provided.

GEVO ( GEVO ) shares were over 2% higher in early trading.

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