Gevo, Butamax settle lawsuit

According to Bloomberg Business the agreement will see Gevo focus on isobuthanol bio jet fuel development while Butamax will focus on isobuthanol fuels for blending with gasoline for use in vehicles. Also as part of the agreement, both companies have agreed to license their patents to each other.

Both companies produce isobuthanol from corn waste. Both companies had been fighting over patents for the technology for the past four years.

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