Tag: POET

Navigator CO2 Ventures signs LoI with POET

Navigator CO2 Ventures signs LoI with POET

June 7, 2022 |

In Texas, Navigator CO2 Ventures LLC has signed a Letter of Intent to provide carbon capture, utilization, and storage (CCUS) services to POET on Navigator’s Heartland Greenway system. The agreement outlines Navigator’s integrated CCUS services for approximately 5 million metric tons of POET’s biogenic CO2 annually and establishes a collaborative path for the development of […]

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POET to reopen Cloverdale biorefinery in 2023

POET to reopen Cloverdale biorefinery in 2023

May 25, 2022 |

In Indiana, POET it will be reopening its bioprocessing facility in Cloverdale, Indiana, after federal and state policymakers took action to safeguard domestic markets for low-carbon biofuels. The facility will create 50 full-time local jobs and generate demand for 34 million bushels of corn from Indiana farmers annually. Restarting the Cloverdale facility will bring POET’s […]

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POET – Portland completes construction on renewable CO2 addition

POET – Portland completes construction on renewable CO2 addition

January 30, 2022 |

In Indiana, POET, the world’s largest biofuels producer, completed construction on an addition to its POET Bioprocessing – Portland facility. This addition allows the facility to capture renewable CO2, a co-product of POET’s bioethanol production process, to be sold for commercial use. POET’s renewable CO2 is a part of the all-natural POET Pure line of […]

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POET highlights 2021’s sustainability achievements

POET highlights 2021’s sustainability achievements

December 30, 2021 |

In South Dakota, a 40 percent increase in biofuel production capacity, an on-site solar farm and a company roadmap to net carbon neutrality highlighted a year focused on sustainability for POET, the world’s largest biofuel producer. “Every person, every business has a responsibility to keep moving our world toward sustainability,” POET Founder & CEO Jeff […]

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POET completes first solar farm

POET completes first solar farm

October 14, 2021 |

In South Dakota, POET announced the completion of its first POET Solar Farm, which will help power the company’s corporate headquarters in Sioux Falls and showcase its ability to construct similar projects for others. The solar farm’s completion comes in the wake of POET’s release of its inaugural sustainability report, in which the company pledged […]

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POET announces net zero carbon goal for 2050

POET announces net zero carbon goal for 2050

September 15, 2021 |

In Iowa, POET released of its inaugural sustainability report, which outlines the company’s focus on environmental, social and governance (ESG) initiatives.  POET established several ESG goals, including the achievement of net-zero carbon at its bioprocessing facilities by 2050. In addition, POET pledges to ensure that its renewable, plant-based bioethanol reduces greenhouse gas (GHG) emissions by […]

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POET Bioprocessing – Alexandria begins making purified alcohol

POET Bioprocessing – Alexandria begins making purified alcohol

July 21, 2021 |

In Indiana, POET announced its further expansion into the production of all-natural, 100% plant-based purified alcohol, which exceeds the highest global quality standards for alcohol. POET Bioprocessing – Alexandria began production of purified alcohol this week after breaking ground in late 2020. The facility will produce purified alcohol which will include grain neutral spirits (GNS) […]

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POET acquires all of Flint Hills Resources’ ethanol assets

POET acquires all of Flint Hills Resources’ ethanol assets

June 1, 2021 |

In South Dakota, POET has acquired the bioethanol assets of Flint Hills Resources’ in their entirety, expanding the company’s production capacity by 40 percent. POET is a world leader in green bioproducts, with an ever-growing suite of renewable solutions including bioethanol, renewable CO2, purified alcohol, high-protein animal feed, asphalt additives and corn oil used for […]

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POET+FHRe=HUGE: POET in ‘exclusive discussions’ to buy FHR’s 800m gallon portfolio: advanced biorefining, economies of scale in focus

POET+FHRe=HUGE: POET in ‘exclusive discussions’ to buy FHR’s 800m gallon portfolio: advanced biorefining, economies of scale in focus

May 14, 2021 |

From South Dakota, The Digest has learned that POET is in exclusive discussions with Flint Hills Resources over the possible acquisition of their biofuels business. Flint Hills Resources is the nation’s fifth-largest bioethanol producer, and this acquisition would include all six of their bioethanol production facilities in Iowa and Nebraska with a combined annual capacity […]

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POET announces 100% plant-based purified alcohol

POET announces 100% plant-based purified alcohol

March 31, 2021 |

In South Dakota, POET announced it has expanded its production of all-natural, 100% plant-based purified alcohol, which exceeds the highest global quality standards for alcohol. POET also unveiled a suite of bio-based products under a new label, POET Pure. The combined actions will further extend the reach of one of the world’s largest bioethanol and […]

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