Tag: POET

Wichita City Council moves forward with $7 million in IRBs for POET

Wichita City Council moves forward with $7 million in IRBs for POET

November 13, 2017 |

In Kansas, the $7 million in industrial revenue bonds for POET Ethanol approved by the Wichita City Council by unanimous vote in May has moved a step forward. The bond authorizes a 77.5% tax abatement for 10 years and is meant to help finance the company’s expansion. The project began in 2016 and is already completed. […]

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Fuels America leaders say “thank you, President Trump” for RFS support

Fuels America leaders say “thank you, President Trump” for RFS support

November 10, 2017 |

In Washington, a coalition of the nation’s leaders in advanced and cellulosic biofuels thanked President Trump for his commitment to the RFS, which “has attracted billions of dollars of investment in first-of-a-kind technologies in the advanced and cellulosic biofuels industry.” They also express concerns about the EPA’s July proposal to reduce White House-approved growth in […]

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A Blustery Day in the Bioeconomy’s Billion Acre Wood: The Latest from EPA, POET, Fuels America, Calyxt, Eligo Bioscience, Queensland, Gevo, Virgin, and Unilever

A Blustery Day in the Bioeconomy’s Billion Acre Wood: The Latest from EPA, POET, Fuels America, Calyxt, Eligo Bioscience, Queensland, Gevo, Virgin, and Unilever

October 3, 2017 |

British author AA Milne is in the news this week with the impending release of “Goodbye Christopher Robin,” which brings to mind “Winnie the Pooh and the Blustery Day”. It’s been bluster and bother and in the bioeconomy this week, all right, and significant players are feeling downright Eeyoreish and we’ll get to that. But some […]

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California Supreme Court sides with Poet on first of two pending CARB cases

California Supreme Court sides with Poet on first of two pending CARB cases

August 31, 2017 |

In California, the state’s Supreme Court has sent the case known as Poet I back to Fresno County Superior Court rather than hearing the case itself, denying the state’s Air Resources Board’s request to review the appellate court decision that basically put the onus on the board to undertake a review of the Low Carbon […]

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POET breaks ground at $120 million Marion expansion site

POET breaks ground at $120 million Marion expansion site

August 15, 2017 |

In Ohio, POET-Marion broke ground Tuesday to expand its production capacity from 70 million gallons per year to 150 million gallons per year. The project will also increase production of dried distillers grains from the current 178,000 tons annually to 360,000 tons. With the groundbreaking, site work has officially begun, with project completion slated for […]

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POET announces $115 million upgrade to Marion biorefinery

POET announces $115 million upgrade to Marion biorefinery

May 17, 2017 |

In Ohio, POET Biorefining – Marion (Ohio) is undergoing an expansion to more than double its capacity from nearly 70 million gallons per year to 150 million gallons per year, improving the grain market for local farmers and adding new jobs to the community. With the expansion, high-protein animal feed production will also grow from […]

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County commissioners approve 12 year tax abatement for POET’s Marion expansion

County commissioners approve 12 year tax abatement for POET’s Marion expansion

May 17, 2017 |

In Ohio, Marion County commissioners approved a 80% tax abatement over 12 years for POET’s $115 million expansion project at its Marion ethanol plant. The abatement is valued at between $1.5 million and $2 million. Commissioners said they approved the deal, after getting sign off from the township’s trustees and local school board, because of […]

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Poet launches ad campaign in Washington to promote ethanol benefits

Poet launches ad campaign in Washington to promote ethanol benefits

May 16, 2017 |

In Washington, Poet LLC announced a major new advertising campaign aimed at bringing the Sioux Falls-based company’s distinctive message on homegrown innovation and clean energy leadership to the nation’s capital. Poet’s campaign is scheduled to run through the end of this year, with an initial launch on May 14 featuring cable and broadcast spots during […]

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Poet sues Andritz over failed 2G feedstock pretreatment system

Poet sues Andritz over failed 2G feedstock pretreatment system

May 1, 2017 |

In Iowa, Poet Design & Construction Inc. is suing Andritz Inc. for breach of contract and professional negligence after investing $25 million in a feedstock pretreatment system Andritz designed but was never able to produce the intermediates required for cellulosic ethanol production, despite 1.5 years of redesigns and multiple plant shut downs. Poet claims the […]

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POET ethanol plant may start construction on efficiency projects ahead of summertime E15

POET ethanol plant may start construction on efficiency projects ahead of summertime E15

April 26, 2017 |

In South Dakota, construction could begin this year on a new fermenter and other improvements for the POET ethanol plant near Groton that should see production increase by up to 3 million gallons per year, though the state air quality permits the company applied for would allow for up to 13 million additional gallons indicating […]

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