Verity and Landus Announce Agreement to Track and Verify Sustainable Agriculture Attributes at Soybean Facility
January 28 2025 - 8:00AM
Verity Holdings, LLC (“Verity”), a subsidiary of Gevo, Inc.
(NASDAQ: GEVO), and Landus are pleased to announce a new agreement
aimed at unlocking added value for farmers through sustainability
premiums via export markets. This collaboration leverages Verity’s
advanced platform to track and verify the attributes of
agricultural products, enabling Landus to document and assign value
metrics for soybeans processed at its soybean facility in Ralston,
Iowa.
This farmer-centric agreement reinforces Verity and Landus'
commitment to expanding opportunities in international markets for
sustainably certified products, such as those derived from
regeneratively grown soybeans and corn. By streamlining the
certification and data-verification process, the partnership aims
to deliver measurable premiums to farmers meeting program
requirements while incentivizing processors to adopt
efficiency-enhancing systems that drive long-term sustainable
outcomes.
“Landus and Verity will work together to capture and verify key
attribute data that drives value throughout the supply chain,” said
Paul Bloom, Chief Business Officer for Gevo. “As a leader in the
industry, Landus recognizes the importance of collecting
trustworthy, verifiable data to document agriculture attributes and
connect them to finished products through the supply chain. Farmers
and customers are realizing the power of collaboration across the
supply chain to drive meaningful and scalable impact.”
As part of this partnership, Landus and Verity plan to expand
data-verification efforts to additional Landus facilities and pilot
innovative market solutions. By sharing regular progress updates,
they remain committed to building trust and transparency with
farmer-owners and stakeholders.
“Our focus on quality, a unique soybean supply chain, and our
commitment to creating value-added opportunities for farmer-owners
have always set us apart,” said Craig Mouchka, Director of
Strategic Partnerships and Sustainability at Landus. “Verity equips
us with the tools to maximize sustainability premiums through
export markets while fulfilling our promise to deliver innovative
solutions and new opportunities for our farmer-owners."
Farmer-owners interested in participating in sustainability
initiatives or learning more about market premiums can contact
their local Landus representative.
“We are partnering with organizations that prioritize scalable
solutions and sustainable agriculture done right,” said Bloom.
“Landus and Verity are demonstrating the value of collaboration
from field to finished product, ensuring that sustainability
premiums benefit farmers, processors, and their customers
alike—particularly in the growing export markets for differentiated
agricultural goods.”
About Gevo Gevo's mission is to convert
renewable energy and biogenic carbon into sustainable fuels and
chemicals with a net zero or better carbon footprint. Gevo’s
innovative technology can be used to make a variety of products,
including sustainable aviation fuel (“SAF”), motor fuels,
chemicals, and other materials. Gevo’s business model includes
developing, financing, and operating production facilities for
these renewable fuels and other products. It currently runs one of
the largest dairy-based renewable natural gas (“RNG”) facilities in
the United States. It also owns the world’s first production
facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals.
Gevo emphasizes the importance of sustainability by tracking and
verifying the carbon footprint of its business systems through its
Verity subsidiary. For more information, see www.gevo.com.
About VerityVerity is at the forefront of
creating the ability to track, verify, and empirically value carbon
intensity across the full carbon lifecycle. Verity Holdings, LLC is
a wholly owned subsidiary of Gevo, Inc. For more information, see
www.veritytracking.com.
About LandusLandus is a forward-thinking
agriculture solutions company that keeps the farmer at the center
of every decision it makes. The company connects thousands of
farmer-owners with the world through grain, agronomy, and
distribution, deploying traditional and nontraditional methods
fueled by innovation and sustainability. Landus’ businesses touch
34 states and 16 countries. To learn more about Landus, and the
company's commitment to solving critical issues for the farmer of
tomorrow, please visit landus.ag.
Forward Looking Statement Certain statements in
this press release may constitute “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act
of 1995. These forward-looking statements relate to a variety of
matters, including, without limitation, Verity’s technology and
platform, the commercial benefits of using the Verity platform, and
the attributes of Verity’s platform, the value of sustainability
premiums and other statements that are not purely statements of
historical fact. These forward-looking statements are made based on
the current beliefs, expectations and assumptions of the management
of Gevo and are subject to significant risks and uncertainty.
Investors are cautioned not to place undue reliance on any such
forward-looking statements. All such forward-looking statements
speak only as of the date they are made, and Gevo undertakes no
obligation to update or revise these statements, whether as a
result of new information, future events or otherwise. Although
Gevo believes that the expectations reflected in these
forward-looking statements are reasonable, these statements involve
many risks and uncertainties that may cause actual results to
differ materially from what may be expressed or implied in these
forward-looking statements. For a further discussion of risks and
uncertainties that could cause actual results to differ from those
expressed in these forward-looking statements, as well as risks
relating to the business of Gevo in general, see the risk
disclosures in the Annual Report on Form 10-K of Gevo for the year
ended December 31, 2023, and in subsequent reports on Forms 10-Q
and 8-K and other filings made with the U.S. Securities and
Exchange Commission by Gevo.
Media ContactHeather ManuelVP, Stakeholder
Engagement & PartnershipsPR@gevo.com
Kaylie TigheCommunications
ManagerKaylie.tighe@trailrunnerint.com
IR ContactEric FreyVP, Finance &
StrategyIR@Gevo.com
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