In Indiana, WCSI news reports POET plans to reopen its Cloverdale biorefinery next year thanks to the anticipated increase in ethanol blending to 15% from the current 10%. The company has four other ethanol plants operating in the state, but Cloverdale is set to produce around 100 million gallons of ethanol annually. The additional blending […]
In Georgia, POET has signed a purchase agreement with Savannah Marine Terminal (SMT) to acquire its rail-to-container transload facility in Savannah, Georgia. The acquisition will include all equipment and real estate to operate the grain transload facility. The Port of Savannah, one of the highest volume container ports in the U.S., has geographic synergy with […]
In Minnesota, according to a Minnesota Pollution Control Agency (MPCA) enforcement investigation, POET Biorefining LLC, in Glenville, Minnesota, exceeded its permitted stormwater discharge limits, including total suspended solids and carbonaceous biochemical oxygen demand (CBOD), the measurement of dissolved oxygen depletion in wastewater released into a body of water. Other violations included missing 10 percent of […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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) […]
