Gevo, Inc. provided an update on the operations of its production facility in Luverne, MN, for the fourth quarter and full year of 2016. For the quarter, the company produced approximately 190,000 gallons of isobutanol, representing an annualized rate of over 750,000 gallons per year; Surpassed production cost targets, demonstrating variable costs of production of less than the targeted $3.00-3.50 per gallon1; and  Ethanol production continued to operate well in the SBS configuration of the plant, with 2.8 million gallons of ethanol produced in the quarter. For the year, the volume of isobutanol production was approximately 440,000 gallons, below the previously announced estimate of approximately 500,000 gallons.