thank joining for Heather, and Thanks, you all us.
through axens what about refer please of very exclusively towards SAF. SAF when scale converting we ADM slide that axens possible. MOU ethanol to fuel A for very sustainable ethanol all for billion a let about turn The you to is We together Iowa an fuels gallons lot The announcements SAF their is demand some The revenue important that had how technology it. RNG be as fit our of go had ethanol be agreement I'll will I'll today as producing you've expected much large licensing later XXXX. energy about Recently, X. number I talking And of by transition for to year. aviation goal execution busy about what is X the capacity in know a is of Gevo’s project Colmar goal properly in these discuss about announcements States. today focus will pages de-risking it. in great supply Today, we'll into but using meaningful stable project while quarter, achieving I'll Gevo slide alliance firm on Northwest other for on the and hydrocarbons. price. stock deck, the that I this everything as have And technology strategy staff United bring is starting our like to start
low an properly integrated scientific group system emissions. that converting includes scores over other alcohol want how down these announcements, focused investors slide years. to for integration Vertical is refresh corn fermentation allow on achieve been the and make it advantage into overall hydrocarbons. to get renewable one view negative for should and in of model SAF like measuring on I of score Argonne has Now, processing corn, Being to into fermentation the hydrocarbon carbon of we vertically SAF. primary process, process a the to it. from a production Gevo’s details four. potentially Gevo everyone should admit due US, before even driving renewable the intensity vertically using to Gevo Please leaders for the the to integrated systems. carbon to renewable provides carbon and chemical those SAF plant or of very CI business carbohydrates turn a processing hydrocarbons it's In integration technologies a of Net-Zero a to or primary
a natural to of to electricity with scores. enable carbon we power translate mean example, going generating critical. displacement of is the fossil facility. wastewater to large that to improve have capture, CI By and For plant use integrating would site we soil biogas the we're should believe Setting is to on based would gas Because CI electricity footprint grid that which fossilise we working can expected enhance to score. farmers, the
of achieve Gevo Net-Zero meaning COX in for and businesses, believes we lively, emissions energy based To offset particular, absorbed that production with Net-Zero it and industry the jet fossil exhaust it is SAF, feedstocks fully provide choosing engine. capturing farm carbon critical eliminating and exhaust to at the reducing with by by So the in the can the the Gevo fuel process. real a options, transportation decarbonizing
business use. and sustainability developing established We uses track renewable Tracking are have carbon other called blockchain for that a and the attributes Verity and technology sources to through carbon
what XXXX. company some way controversy science that We a expect Tracking around that to think early and to at about. sustainability the document that's and tracking use is all transparent. be deal We as with we will just perhaps is out separate Verity facts, point as as standalone already all And
XXXX. how that billion goal had and a gallons remember business, developing business we're set on proper Gevo’s capacity Moving a system by of we for of sales a
five. of gallons Let's XXX go offtake believe a with per what We good brings offtake to we agreements. agreement million financial Kolmar. year This slide struck to nearly us agreement
more get soon. expect done to We contracts offtake relatively
we contract pipeline, negotiating year. Our gallons is terms greater where are than billion X.X per
momentum contract production up, sooner. need likely SAF and we more capacity As picks
work gallons diesel SAF Going SAF themselves level, the pricing roughly can the Chart works per blend have for bold economics offer people California assuming airline market statements to industry, that investment by billion XX% the that XXXX year. on XX The I and be for We believe a would left customers. the about made shows airlines and upper market the eating believe the renewable towards SAF them.
technology all about to X. in and the it's building offtake to ink Please future. have expect in grant Axens we last agreements offtake match turn we fourth hydrocarbons. a we scale, quarter the to capacity that convert US to Now to SAP production agreements in the that the with place out to commercialize to of did Gevo the their and slide year, and deal ethanol exclusive license In the other develop
hydrocarbon process. Accents working on Gevo's been had production we isobutanol Now with
industries. the in Olefin technology each well and company. commercialized really alcohols fuels got concepts has we there that is petrochemical had technology Axens an make Axens outstanding a using know process into and jet of from other, clear We production convert to hydrocarbons, chemical alcohols known feedstocks and each and times. lot technology plants the It's to many relationship. complement know As our how refining zero net ethanol engineering been proven to strategic The other a decarbonize including Is was and industry hydrocarbon synergy. to became We staff. other. it in and
the work to together We'll to addition developing, convert to make plants try all with to staff. grow Greenfield we're see certain want that we opportunity Axens to faster. We existing In zero to ethanol net plants happen. and
estimates the Iva for that on We one $XXX more million in and installed about zero project ethanol are be operating of can the ethanol would to approximately decision plants. are block staff a that million, $XXX the $XXX of believe our assumptions plan. have reliability. have than work the project money, at produce use net current to one terms all zero zero is rather plant engineering a well Based year. cost we a complete non-recourse a net known cost plants projected Currently, more rest. staff building make made and existing and capital for Ethanol as EBITDA package commodities with We to in and financed fully per
financing at fermentation cookie and move using integrations the be of provide The process. deployment add deal A as chemical will in way planned for as current certain hydrocarbon forward. we as it the production derisk of we and for and engineering processes. hydrocarbons. converting This The to the equipment the Axens plants. modules part can engineering have for doing for section environment guarantees be are we the additional of more have ethanol On the system a sites will NZ-X work designs utilized to make the designs process for Axens plant is right to and that be it will is technology. NZ-X will much engineering cutter other into cautious ethanol smaller completed ethanol great already the
complete in in to operating and mechanically XXXX We expect NZ-X be XXXX.
to equipment in before. work later of Many this same turn and XXXX We as basically may chart. It's long X. preparation this Please year. slide you the recognize expect site begin to order lead
to about ADM sites changed to produced. into IRR in plants the turn of to SAF the using MoU into of out grow COX figuring one product Please other to convert has infrastructure to energy in midst We the slide be has is Although more think X. and ethanol most Axens hydrocarbons. there's drive there's the better US. We're an the announcement those success. relationship total projected in our has amounts same. the help SAF to the sequestration being deploying rather still The perspective. biggest critical world. few and operating plants ADM with and theater some the how put efficient ADM plants of them. mix renewable opportunity The expenditure than ethanol capital to CI and in has isobutanol is remained plants down The the to
that expect will Axens doing transaction We leverage with would do with we are engineering to for able work we we into be ADM. NZ-X any the that
We owners. plant value decarbonization The plants need more off to the would discussions are in the can table. currently owner decarbonized be the take a along also several is designs are idea bring of Juhl ethanol they contracts feeding more here SAF ethanol and They by to is our simple exploring the The to money, Net-Zero ethanol lines with would proposition other SAF opportunities with our that plant. make we plant. plant reliably we a for Energy, plant also and existing partners
priority. open sites. very X our time. Ultimately, But goal, expect working our X we forward Greenfield to multiple with have look stress gallon that Net-Zero and build operations many over billion a reach to We we ethanol is to business model
optimize sites Greenfield several of if Lake they're have parameters not as sites is the key least at for good advantage can long in the than already, that site. run Preston success. We we development The better
also to In good raw is costs, and access fossilized have it In take material the capture addition sequestration. for strategic potential a options. carbon consideration to to sense, we energy into always
the announced changes we example, we RNG plant Lake would of Gevo’s that Please of have minimal that begun When produce three engineering we million Iowa. similar dairies fully to project comes piece in that the developed at Northwest annually layout Preston turn is or at cows this are the require done RNG to our to of There startup This expected in there dairy XX,XXX to US. project be the and project to fifth We the select For size. the have X. site over involved land abouts. be in BTUs line is project Slide work. another point. believe XXX,XXX has largest used from We projected RNG ever
relative The can You built, picture pipeline gas picture in middle each pictures them the system locations site. that the the The the at the to see we our dairies. connects of shows upgrading the of of system. upper digesters is injection the that upgrading the and Gevo digestion right
$XX $XX for give each because EBITDA upon million how RNG the be the variety across project CI including per million approximately project that year, a will I of depend would expect of RNG range of assumptions We EBITDA carb dairies. the the XXXX. a year to scores, the
early demand get approval California, provides Gevo, scores our as to Net-Zero RNG and plant portfolio In because we XXXX. those and if a an plants of by as CI so is to for India. can decarbonize backed we Praj we application, to see from our Please get option. lots in biogas to value an partner, and our rendering late up we CI we'd choose. state, Carb in money, expect able of We scores to strategic SAF good our of our idea in Slide X sending full for days the a the to is RNG wait a an to with This drive like it exciting we up RNG for these we opportunity California engineering like GEVO currently to or Now adding lower make take applications. the being do have carbon steady turn BP. meantime, our have get achieve score, built meeting for an -- XXXX rendering plant hydrocarbon XX. in the
latter Minnesota We of plant our delivered to will in this expect that the facility production in XXXX. be Luverne, part
to plant into variety isobutanol a could making and currently ethanol able or expected we products make products. in convert hydrocarbon execute also of be hydrocarbon Luverne to this hydrocarbon produce are various take to We
to future, an products Net-Zero in as Luverne production refine a the to plant. to and and We add We example, deploy may expect a configuration use side the as in IBA development by new side a for site isobutanol for improve on processes.
over Now I'll turn it to Lynn.