Search Results for 'poet'

Wichita City Council approves $7 million in industrial revenue bonds for POET’s Ethanol Product

Wichita City Council approves $7 million in industrial revenue bonds for POET’s Ethanol Product

May 4, 2016 |

In Kansas, the Wichita City Council has approved $7 million in industrial revenue bonds towards POET’s Ethanol Product’s planned $8 million investment in a new 26,000 square feet building. The bond will help the company to secure lower interest rates on the proposed project that will be co-located with its current Wichita headquarters. The company […]

Read More

Poet thinks Project Liberty could be at full production capacity by year’s end

Poet thinks Project Liberty could be at full production capacity by year’s end

March 23, 2016 |

In Iowa, Poet says its Project Liberty cellulosic ethanol plant could be operating at full production capacity by the end of the year. The facility has already shipped tanker-loads of the fuel but the company declined to say exactly how much was sent out. The facility’s main challenge is dealing with large quantities of corn […]

Read More

Poet shortens corn receiving hours and shuts down plants temporarily

Poet shortens corn receiving hours and shuts down plants temporarily

February 10, 2016 |

In Indiana and Ohio, Poet has shortened the hours during which it receives corn at six of its facilities in the two states, while the Alexandria, Indiana facility will be shut for two days next week for maintenance. Those that reduced their hours have already been shut down for a day or two this week […]

Read More

POET increases production capacity by 25 million gallons

POET increases production capacity by 25 million gallons

January 17, 2016 |

In South Dakota, POET said that three of its network of biorefineries will expand ethanol production capacity by a combined total of 25 million gallons in 2016. POET Biorefining – Hanlontown (Iowa), POET Biorefining – Hudson (South Dakota) and POET Biorefining – Caro (Michigan) each filed separate expansion permits within their respective states and will […]

Read More

LanzaTech holds lead in Hot 50 in last week of voting; Novozymes, Amyris, DuPont, DSM, REG, BASF, POET, Algenol and Genomatica in the hunt. 

LanzaTech holds lead in Hot 50 in last week of voting; Novozymes, Amyris, DuPont, DSM, REG, BASF, POET, Algenol and Genomatica in the hunt. 

January 12, 2016 |

In Florida, early voting rankings were released today for 50 Hottest Companies in the Advanced Bioeconomy, representing roughly 90% of the overall subscriber vote expected. Subscriber voting ends Friday, January 15 at 5pm ET. The Hot 50 rankings will be announced live at ABLC 2016 in Washington DC at 6pm on February 17, 2016. Below, we’ve […]

Read More

POET to expand Hudson ethanol plant for second time in a year

POET to expand Hudson ethanol plant for second time in a year

January 4, 2016 |

In South Dakota, POET plans to expand its ethanol plant in Hudson for the second time in a year despite the Environmental Protection Agency not increasing the ethanol blending mandate for corn-based ethanol, indicating the economics for the facility’s expansion merit the investment without policy support. Currently the facility produces 60 million gallons per year […]

Read More

LanzaTech takes the lead in Hot 50, two weeks before the close of voting;  Novozymes, Amyris, DuPont, DSM, REG, BASF, POET, and Genomatica in the hunt. 

LanzaTech takes the lead in Hot 50, two weeks before the close of voting;  Novozymes, Amyris, DuPont, DSM, REG, BASF, POET, and Genomatica in the hunt. 

December 29, 2015 |

In Florida, early voting rankings were released today for 50 Hottest Companies in the Advanced Bioeconomy, representing roughly 70% of the overall subscriber vote expected. Subscriber voting ends Friday January 15 at 5pm ET. The Hot 50 rankings will be announced live at ABLC 2016 in Washington DC at 6pm on February 17, 2016. Below, we’ve […]

Read More

On the Move in the Advanced Bioeconomy: Broin back as CEO at POET

On the Move in the Advanced Bioeconomy: Broin back as CEO at POET

November 15, 2015 |

In South Dakota, POET founder Jeff Broin has resumed his role as the company’s CEO after stepping into the Executive Chairman role for the last three and one-half years. Jeff Lautt has been CEO and will continue to manage the day-to-day operations of POET as President and COO.  Broin stressed the success of POET under […]

Read More

POET Iowa biorefinery using 1,500 tons of wood waste in distillery process

POET Iowa biorefinery using 1,500 tons of wood waste in distillery process

October 13, 2015 |

In Iowa, the POET Biorefining ethanol plant in Chancellor will begin receiving up to 1,500 tons of ground up tree waste from a tree dump in Spencer that will then be co-fired in the facility’s boiler to provide power for the distillation process. The company already uses biogas produced from landfill waste in its processes […]

Read More

POET drives $13.5B in economic impact in 2014: report

POET drives $13.5B in economic impact in 2014: report

August 16, 2015 |

In South Dakota, POET released its first-ever economic impact study, and reported that in 2014 the company generated a total of $13.5 billion in sales for U.S. businesses; added $5.4 billion in national gross domestic product; supported an estimated 39,978 full time jobs; and contributed $3.1 billion in income for American families. The report further […]

Read More