Tag: POET

POET’s CEO says boost in global ethanol consumption needed to avoid agri crisis

POET’s CEO says boost in global ethanol consumption needed to avoid agri crisis

June 22, 2016 |

In Wisconsin, POET’s CEO says a boost in ethanol consumption around the world is necessary to avoid a global agricultural crisis. Earlier this year, stagnant demand for ethanol led to higher production costs that translated to thin or negative margins for producers. Ensuring that demand increases over time will help to stabilize grain prices overall, […]

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POET expanding its cover crop research as part of Project LIBERTY sustainability work

POET expanding its cover crop research as part of Project LIBERTY sustainability work

June 22, 2016 |

In South Dakota, POET is expanding its cover crop research as part of soil sustainability work in Emmetsburg, Iowa for cellulosic ethanol development. The work is part of an ongoing commitment to helping farmers make sound management decisions around harvesting crop residue for cellulosic ethanol. To ensure proper land management, Iowa State University and USDA […]

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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 […]

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Growth Energy and other delegates to present in Taiwan on benefits of ethanol

Growth Energy and other delegates to present in Taiwan on benefits of ethanol

April 18, 2016 |

In China, executives from Growth Energy, Green Plains, and POET will travel to Chinese Taipei to join the US delegation participating in Ethanol Trade Development as part of APEC’s Renewable Fuel Strategy. The delegates will present papers on the benefits of ethanol, and will present case studies concerning their successes, challenges, and potential for increased […]

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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 […]

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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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