Patrick R. Gruber
relationship the the I'll of a of the highlights of just about Geoff. with I'll at end by you, to our few gasoline this This that all mentioning some year. year the pumps XXXX Musket. by but saw talk and quarter grown now year start locations, Thank different number of the had gave at confidence to beginning we us pumps. of the almost ethanol-free the XXX retail expand
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agreements. down at We and price, towards secure offtake be are to also big what working large pin that an market can more how that and volume with eye
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a the to in process, pumped out to system, delivered farm it Once we then the the through site certification and the to the piped to airport in fuel to Now then it to [indiscernible] take on and then blended, into storage. tanks the airport a go trucks get After tanks, planes. it's the on tank and had order was to be it fuel blended. fuel needed
have flights. into all like it Korean the Cathay played we Now involved. our could to to a involved agree once tank time. bought petro-jet. a get it's Airport, in all one believed wouldn't [indiscernible] cooperation parties Air, as prove mention owners, any all from with that key blended that ASIG, blending companies, supply order fuel petro fuel this far performance the took companies Atlas any Many be and of O'Hare In but to vetoed of our at making took the the fuel it them the these indistinguishable XX-plus FedEx, various a bought and renewable, certifications all our They in to pipeline to Lufthansa, Pacific, testing. who project Morgan, happen. would role fact product, BP, O'Hare cooperate chain, Airport, Kinder in understanding as In get commercial with and possible included United, goes, parties JAL, carbon Lufthansa refiners, is cooperation all leadership Air all people of the full from parties once but Etihad, same, get didn't. fuel managed blended, the the this helped cooperation in Yes, had it is All key for done, fungible. all is completely a alignment involved airlines is it's wrong. and farm Air, our it go, to total, parties infrastructure, at all others. the and This to I point
the flights While jet nine XXX% jet pure companies as O'Hare the for paid went conventional that took to that blended off already at fuel fuel, mentioned. day. I our that is Once with day, conventional fungible the fuel ATJ it is with all fuel, potentially
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Australia gallon that talked project discussion are to and it that certify $X the to are been $X, per Airport. the is fuel working through we with done negotiations. people a Since can Brisbane showed are happen. of know to we not and and that we potential all happy the be make Most that the this only parties working announce fraction at a have to cooperate importantly, we We Fly small cost to pleased offtakers of Day, on Virgin $X Green with in the additional about. similar blend I'm
the In And in plugging mills. them. been ready you announced refined like They design are discussion so licenses. even would of with can our of identified they the commercial an along. July quarter be sugar at details. Praj Industries. agreements. successfully initial In I that licenses. Next technology We've progress to about engineering the with XXXX, a provide license update in negotiations fourth and a it package with Praj adapted process Praj couple We we're used take has out they finished making
We know but just the when. in XXXX don't get expect to exactly license done we
about continued excited the improvements we in also are make We isobutanol process.
on cost of achieved we our isobutanol to isobutanol. the glad ran our that and for share plant are well We goals variable cost
we enough point. so back to improvements made development resources, me the on fact, In brings next cut can which we that
that working jet know, contracts expected last been particularly aren't with all became Even clear though year progress have on we hydrocarbon extending complete. shifted making the yet. when different are taking have the done We runway. customers, several been contracts for longer it you than gears products, just As to fuel, we our
[indiscernible] we we if as they that happen, when So though will expect their happen upon in depend the make to even future. timelines, will predictions they to
have yeast. and accomplished production we development [indiscernible] of isobutanol then, we for which accomplished our summary wanted inventory, in that means isobutanol already IBA quantities of the Now, the work we produced our we around most when
of our production and focus inventory addition let the XXXX, It IBA general be many run the site. XXXX value XXXX, to isobutanol to plant also reduce need majority that Luverne the inventory up more we we decided year of process we that the the be so not will [indiscernible] to optimally. can go. expect can by at development isobutanol both improving employees, in In or XXXX. through to expect no more improvements in ethanol on longer as benefit the them running compared in and ethanol carry will we Overall, burn sufficient means By and Since to on then us add we used in XX% all. XXXX, of if
million. hopefully $X.X while fourth of RINS, you all further for fourth the yet we prices be XXXX compare from by quarter ethanol to any improvements the XXXX, Also monthly to view quarter, year by that loss a to fluctuations of as If have example. are we expect we corn, at XXXX the and the subject you our see would we hope the the the Across with enough we commodity don't quarter clear rate specific cut to each improve you make operations burn guidance. to of reduced of give price know, and plant,
be improve In expect together out opportunity situation addition, Luverne margin Silsbee, what and the bring our been to Company Silsbee. profitability remain sell talk can out isobutanol hydrocarbons short-term, we to to in we that in having about to that ultimate our detail what significantly at goal. to does revenue scale, in of have we flow cost at although distant are of the past. near the hydrocarbon to believe a within cash reductions more out I'm it's build future to some future and in Luverne. our able at more will that hope pickups way now large across where doing the too Considering I the products not the see plant Company occur excited compared to with we our we and without
have no to work us and front still leaving are in it of stone all make happen. we to do We unturned
reports various questions brokered heard renegotiation about Some by the the Trump this. RFS of have getting administration, I'm of of you
one were White meetings additional the planned is there discussions, While meeting House and but at they some were there cancelled.
been sent normal We to are this expect material out to work don't through anything happen I legislation. its year. the issue has Congress told to back course that
of improve of and course we extend market worked with fuel, to profitability and renewable we other the Now, development runway had pushing products our commercial Luverne, at as made technology. isooctane, isobutylene, keep our jet to and isobutanol, gasoline,
We are deals also getting keen additional on strategic done.
runway. extending we conclusion, made that in have So our believe progress we on
hydrocarbon regions our distribution to work the extend further. plan continue on timing. We our We for done. on I flow. on to in improve question sheet optimizing to it our getting expand plan to We further deals believe used continuing a plan We we is well. outside plant it just of balance Houston region. our of expect isobutanol cash Luverne And the improve as
through I will take call to us the Bradford? the turn Now financials. who will over Bradford
