Tag: POET

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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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On the Move in the Bioeconomy: DOE Loan Programs Office, POET

On the Move in the Bioeconomy: DOE Loan Programs Office, POET

June 27, 2015 |

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 […]

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POET plant in Minnesota shut following explosion and 2 injuries

POET plant in Minnesota shut following explosion and 2 injuries

June 22, 2015 |

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.

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POET chooses Aras to improve product development

POET chooses Aras to improve product development

May 20, 2015 |

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 […]

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Biofuels industry seeks Obama meeting to talk RFS

Biofuels industry seeks Obama meeting to talk RFS

May 5, 2015 |

In Washington, a consortium of companies and associations from Abengoa to BIO with POET and the RFA in between have written to President Obama requesting a meeting to discuss the EPA’s upcoming release of blending levels for 2014-2016. With the June 1 release coming up soon, the biofuels industry is pushing hard to ensure the […]

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