11:31 AM EDT, 09/16/2024 (MT Newswires) -- Gevo ( GEVO ) said Monday it received a patent from the US Patent and Trademark Office for its process of using certain proprietary catalyst combinations for converting ethanol into olefins.

The process helps make three and/or four carbon olefins in addition to ethylene from ethanol in a single step with a "high degree" of selectivity and control, the company said.

Shares of Gevo ( GEVO ) rose 13% in recent trading.

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