Tag: POET

Six POET biorefineries to install CHP systems

Six POET biorefineries to install CHP systems

October 11, 2016 |

In South Dakota, Six POET biorefineries in Ohio and Indiana are installing a new energy generation system using combined heat and power. These systems will reduce reliance on the electrical energy grid, recover waste energy for additional use in the plant and reduce greenhouse gas emissions. The system will use steam in a turbine to generate […]

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POET sure both Clinton and Trump support biofuels

POET sure both Clinton and Trump support biofuels

September 22, 2016 |

In Washington, POET says both Hillary Clinton and Donald Trump know the value of ethanol and biofuel as the company has worked hard with both of them to understand the benefits. Despite Trump’s snafu last week with a fact sheet outlining the malfunctioning of RINs and the RFS and Clinton’s alleged fascination with California’s Low […]

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POET et al South Dakota’s largest political contributors this cycle so far

POET et al South Dakota’s largest political contributors this cycle so far

August 29, 2016 |

In South Dakota, POET and its employees are the largest political contributor from the state during this election cycle, passing more than half a million dollars in contributions two months ahead of the election, more than it spend during the entire 2012 election cycle of $501,583. Only contributions of over $200 are counted in the […]

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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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