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Gevo Temporarily Dismisses GIFT Lawsuit

Gevo, Inc. (GEVO) said Friday that it has agreed to temporarily dismiss its lawsuit against Butamax Advanced Biofuels, LLC and E. I. du Pont de Nemours and Co. (DD) for infringing one of Gevo's three GIFT patents, US Patent No. 8,101,808.

However, Gevo said it maintains all of its other lawsuits against Butamax and DuPont for infringing Gevo's biocatalyst technology.

"When we filed this lawsuit, we expected Butamax to have a commercial biobutanol plant by now. We decided to dismiss the '808 lawsuit, for now, because Butamax doesn't have a commercial plant that infringes the '808 patent and according to DuPont, they will not have a commercial plant by the time of the trial," said Brett Lund, executive vice president and general counsel of Gevo.

by RTTNews Staff Writer

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