Tag: POET

POET overtakes ADM as largest ethanol producer

POET overtakes ADM as largest ethanol producer

April 30, 2018 |

In Iowa, Reuters reports that as ADM scales down its ethanol production to 1.6 billion gallons of installed capacity, POET has filled the gap and taken over the former’s spot at top US producer with 2 billion gallons expected by 2019 and 1.9 billion gallons set for 2018. Previously the companies were neck and neck […]

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Second White House meeting this month for biofuels industry reps

Second White House meeting this month for biofuels industry reps

March 11, 2018 |

In Washington, DC another meeting is scheduled for today, Monday, at The White House to talk about the future of biofuels policy. The meeting will include biofuels leaders Poet CEO Jeff Broin and Green Plains CEO Todd Becker, as well as oil representatives, Valero CEO Joe Gorder, and Monroe Energy CEO Jeff Warmann. President Trump […]

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POET and Andritz head to arbitration over 2G ethanol technology dispute

POET and Andritz head to arbitration over 2G ethanol technology dispute

February 27, 2018 |

In Iowa, the Argus Leader reports that POET’s $33 million dispute with Andritz for breach of contract, misrepresentation and fraud as well as its $7 million counter-claim against POET will move to arbitration after court arguments that disputes be settled out of court through arbitration processes. POET argues the cellulosic ethanol technology it hired Andritz […]

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In for a Penny, In for a Pound: The Advanced Bioeconomy and all the pivots

In for a Penny, In for a Pound: The Advanced Bioeconomy and all the pivots

December 28, 2017 |

It’s been such a busy cycle in the bioeconomy that we are well overdue for a shout-out to a pal of the Digest, Henry Threadgill, for winning a Pulitzer Prize for his landmark composition, In for a Penny, In for a Pound. Threadgill’s masterpiece (which you can experience here) comes to mind as news arrives […]

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POET responds to EPA decision to maintain point of obligation

POET responds to EPA decision to maintain point of obligation

November 26, 2017 |

In South Dakota, POET CEO Jeff Broin responded to the EPA’s decision to maintain the current point of obligation under the Renewable Fuel Standard. “By maintaining the point of obligation for the RFS, the EPA is allowing the system to continue to work as designed,” Broin said in their press release. “Under the RFS, infrastructure […]

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POET and Al Dahra ACX to increase distillers grains use in Middle East

POET and Al Dahra ACX to increase distillers grains use in Middle East

November 26, 2017 |

In South Dakota, distillers grains use is growing under a new partnership between POET and U.S.-based Al Dahra ACX, a subsidiary of Al Dahra Holding and a leader in the animal feed business. The partnership agreement will expand availability of premium Dakota Gold feed in the Middle East as it allows Al Dahra ACX to […]

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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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