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 […]
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DSM Bio-Based Products’s new chief, Atul Thakrar, visiting with The Digest on the sidelines of the BIO World Congress on Industrial Biotechnology taking place this week in Montreal. On POET-DSM. “We are completely committed to the POET-DSM venture and the technology. It’s harder and takes longer to get through the commissioning period than we had expected, but […]
In Washington, Peter Davison is stepping down Executive Director of the Department of Energy’s Loan Programs Office to return to the private sector. He said: “When I first joined LPO in May 2013, the program was at a crossroads. We had not issued a new loan in more than two years, could not accept any […]
EPA hearings on Renewable Fuel Standard: Testimony of Steve Murphy, GM, POET Biorefining-Laddonia & POET Biorefining – Macon
Good afternoon, My name is Steve Murphy and I am the General Manager for two POET Biorefining plants. One is located in Laddonia, Missouri and the other in Macon, MO. These are 2 of the 27 POET plants in the country. Between these two plants we have 90 full-time employees who together worked to produce […]
In Minnesota, POET’s 45 million gallon ethanol plant in Glenville has been closed temporarily following an explosion and resulting fire early Sunday morning that injured two workers. The shutdown shouldn’t impact prices due to small production and large stocks in the region.
In Kentucky, the final week of April 2015 marked the first time Genscape D6 ethanol Q-RINs were generated within the EPA Moderated Transaction System (EMTS). Four ethanol facilities are now generating Q-RINs, with more expected to come online in the coming months. Genscape is the EPA approved QAP provider for all four of these facilities, […]
In Massachusetts, POET has selected the Aras PLM Solution Suite to drive product development and engineering best practices, improve processes and product tracking, and improve visibility into product-related data throughout the enterprise and extended supply chain. POET will implement Aras as an integral part of its product development processes, tracking product and process data and […]
POET, the largest ethanol producer in the world, is a leader in biorefining through its efficient, vertically integrated approach to production. Founded in 1987, the company produces more than 1.7 billion gallons of ethanol and 10 billion pounds of high-protein animal feed annually from 27 production facilities nationwide. POET-DSM Advanced Biofuels, LLC, is a 50/50 joint […]
POET-DSM Advanced Biofuels is a 50/50 joint venture between Royal DSM and POET, LLC. Based in Sioux Falls, South Dakota, the company is a cooperative effort of two innovators that provides a key to unlocking the opportunity of converting corn crop residue into cellulosic bio-ethanol. Built on the strengths of both companies, the joint venture has a […]
In Haiti, POET has partnered with Project Gaia to replace wood-burning stoves with clean, ethanol-fueled cook stoves. The first 6,200 gallons of POET’s ethanol cleared Haitian customs at the end of 2014. Founder and Executive Chairman of the Board Jeff Broin donated approximately 12,000 gallons of ethanol to jumpstart the project. Dometic, another partner in […]