Verity Announces Agreement with Minnesota Soybean Processors to Track and Verify Sustainable Agriculture Attributes
Verity Holdings, a subsidiary of Gevo, has announced a partnership with Minnesota Soybean Processors (MnSP) to implement Verity's proprietary track and trace software. The collaboration aims to enhance export premiums and improve compliance reporting through advanced data verification and supply chain transparency solutions.
The partnership focuses on documenting sustainable agriculture attributes, particularly for regeneratively grown soybeans, creating value for farmers, processors, and international buyers. MnSP operates a soy crush plant processing over 100,000 bushels daily, a refinery producing feedstock for edible oil and biofuels, and a 41-million-gallon annual biodiesel production facility in Brewster, Minnesota, which has been operational for 20 years.
Verity Holdings, una sussidiaria di Gevo, ha annunciato una partnership con Minnesota Soybean Processors (MnSP) per implementare il software proprietario di tracciamento e monitoraggio di Verity. La collaborazione mira a migliorare i premi per le esportazioni e a migliorare la reportistica sulla conformità attraverso soluzioni avanzate di verifica dei dati e trasparenza nella catena di approvvigionamento.
La partnership si concentra sulla documentazione delle caratteristiche dell'agricoltura sostenibile, in particolare per la soia coltivata in modo rigenerativo, creando valore per agricoltori, trasformatori e acquirenti internazionali. MnSP gestisce un impianto di spremitura di soia che elabora oltre 100.000 bushel al giorno, una raffineria che produce materie prime per olio commestibile e biocarburanti, e una struttura di produzione di biodiesel da 41 milioni di galloni all'anno a Brewster, Minnesota, operativa da 20 anni.
Verity Holdings, una subsidiaria de Gevo, ha anunciado una asociación con Minnesota Soybean Processors (MnSP) para implementar el software propietario de seguimiento y trazabilidad de Verity. La colaboración tiene como objetivo mejorar las primas de exportación y mejorar la presentación de informes de cumplimiento a través de soluciones avanzadas de verificación de datos y transparencia en la cadena de suministro.
La asociación se centra en documentar los atributos de la agricultura sostenible, especialmente para la soja cultivada de manera regenerativa, creando valor para agricultores, procesadores y compradores internacionales. MnSP opera una planta de trituración de soja que procesa más de 100,000 bushels diarios, una refinería que produce materia prima para aceite comestible y biocombustibles, y una instalación de producción de biodiésel de 41 millones de galones al año en Brewster, Minnesota, que ha estado en funcionamiento durante 20 años.
Verity Holdings는 Gevo의 자회사로서 Minnesota Soybean Processors (MnSP)와 파트너십을 체결하고 Verity의 독점적인 추적 및 검증 소프트웨어를 구현한다고 발표했습니다. 이 협력은 수출 프리미엄을 향상시키고 고급 데이터 검증 및 공급망 투명성을 통해 컴플라이언스 보고를 개선하는 것을 목표로 합니다.
파트너십은 지속 가능한 농업 특성을 문서화하는 데 중점을 두며, 특히 재생 가능한 방법으로 재배된 대두에 대해 농부, 가공업체 및 국제 구매자에게 가치를 창출합니다. MnSP는 하루에 100,000 부셸 이상의 대두를 가공하는 대두 압착 공장과 식용유 및 바이오연료용 원료를 생산하는 정유소, 그리고 20년 동안 운영된 미네소타 브루스터에 연간 4,100만 갤런의 바이오디젤 생산 시설을 운영하고 있습니다.
Verity Holdings, une filiale de Gevo, a annoncé un partenariat avec Minnesota Soybean Processors (MnSP) pour mettre en œuvre le logiciel de traçabilité propriétaire de Verity. La collaboration vise à améliorer les primes à l'exportation et à améliorer les rapports de conformité grâce à des solutions avancées de vérification des données et de transparence de la chaîne d'approvisionnement.
Le partenariat se concentre sur la documentation des attributs de l'agriculture durable, en particulier pour les soja cultivés de manière régénérative, créant ainsi de la valeur pour les agriculteurs, les transformateurs et les acheteurs internationaux. MnSP exploite une usine d'extraction de soja qui traite plus de 100 000 boisseaux par jour, une raffinerie produisant des matières premières pour l'huile comestible et les biocarburants, ainsi qu'une installation de production de biodiesel de 41 millions de gallons par an à Brewster, Minnesota, qui est opérationnelle depuis 20 ans.
Verity Holdings, eine Tochtergesellschaft von Gevo, hat eine Partnerschaft mit Minnesota Soybean Processors (MnSP) bekannt gegeben, um die proprietäre Track-and-Trace-Software von Verity zu implementieren. Die Zusammenarbeit zielt darauf ab, die Exportprämien zu erhöhen und die Compliance-Berichterstattung durch fortschrittliche Datenverifizierung und Lösungen zur Transparenz in der Lieferkette zu verbessern.
Der Fokus der Partnerschaft liegt auf der Dokumentation nachhaltiger Landwirtschaftsattribute, insbesondere für regenerativ angebaute Sojabohnen, um Wert für Landwirte, Verarbeiter und internationale Käufer zu schaffen. MnSP betreibt eine Sojabohnenquetscherei, die täglich über 100.000 Scheffel verarbeitet, eine Raffinerie, die Rohstoffe für Speiseöl und Biokraftstoffe produziert, sowie eine Produktionsstätte für Biodiesel mit einer jährlichen Kapazität von 41 Millionen Gallonen in Brewster, Minnesota, die seit 20 Jahren in Betrieb ist.
- Partnership enables access to premium export markets through sustainability certification
- Integration with large-scale processor handling 100,000+ bushels daily
- Expansion of Verity's track and trace software implementation
- None.
Gevo subsidiary Verity and Minnesota Soybean Processors partner to pass sustainability value to final products
ENGLEWOOD, Colo., April 03, 2025 (GLOBE NEWSWIRE) -- Verity Holdings, LLC (“Verity”), is pleased to announce we have partnered with Minnesota Soybean Processors (“MnSP”) to implement Verity’s proprietary track and trace software. This collaboration aims to unlock additional value for MnSP through export premiums while streamlining compliance reporting and auditability.
“This partnership with MnSP is a great example of how Verity’s technology empowers producers to capture and communicate the value of sustainable agriculture,” said Kimberly Bowron, President of Verity. “By leveraging our advanced data verification and supply chain transparency solutions, MnSP can document key attributes with confidence, ensuring that sustainably grown soybeans translate into real value for farmers, processors, and international buyers alike.”
This partnership reinforces Verity and MnSP's commitment to expanding opportunities in international markets for sustainably certified products, such as those derived from regeneratively grown soybeans. Both companies share the view that this is the first of many opportunities to create value by ensuring complete traceability from farm to finished products.
Since 2003, MnSP has operated a soy crush plant that processes 100,000-plus bushels per day; a refinery for producing feedstock for edible oil and biofuels out of crude soybean oil; and a 41 million gallon per year biodiesel-production plant that has operated for 20 years, located in Brewster, Minnesota.
About Verity
Verity Holdings, LLC, a wholly owned subsidiary of Gevo, Inc (NASDAQ: GEVO), is pioneering the ability to track, verify, and quantify carbon intensity across the entire carbon cycle. Through its proprietary digital MRV (Measure, Report, Verify) platform, which is powered by distributed ledger technology, Verity offers comprehensive carbon project development and accounting services. These services are designed to enhance the environmental value across entire business systems, maximizing the value of carbon and sustainability efforts at each stage. Verity is at the forefront of creating the ability to track, verify, and empirically value carbon intensity across the full carbon lifecycle.
About Gevo
Gevo, Inc. is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.
For more information, see www.gevo.com.
About Minnesota Soy Processors
Minnesota Soy Process is striving to become the largest independent soybean crush facility in the country and to grow into a diverse, vertically integrated leader in soybean processing, logistics and commodity management. MnSP wants to provide superior value to its customers, security for its employees, and returns to its shareholders. For more information, please visit mnsoy.com.
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 Contact
Heather Manuel
VP, Stakeholder Engagement & Partnerships
PR@gevo.com
IR Contact
Eric Frey
Vice President of Finance & Strategy
IR@Gevo.com
FAQ
What is the purpose of Verity's partnership with Minnesota Soybean Processors?
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