Tag: POET

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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Biden’s team meeting recently with biofuel groups and companies

Biden’s team meeting recently with biofuel groups and companies

December 24, 2020 |

In Washington, Reuters reports biofuels groups and companies including POET have held calls with President Elect-Biden’s transition team to discuss biofuel blending, including higher ethanol blends, and the next administration’s climate response plans. The groups have also had calls with the man nominated to be the next administrator of the Environmental Protection Agency. Biden has […]

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POET-DSM biorefinery pivots to support COVID-19 response

POET-DSM biorefinery pivots to support COVID-19 response

November 1, 2020 |

In Iowa, POET-DSM saw an opportunity to utilize the Project LIBERTY facility to produce the pharmaceutical-grade ethanol ingredient necessary for hand sanitizer. BETO recognized the urgency to address the COVID-19-related demand for ethanol-based hand sanitizer and supported POET-DSM’s request to shift the facility’s use. With support from the U.S. Department of Energy’s Bioenergy Technologies Office […]

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GRO Network aims to facilitate low-carbon grain with POET as key customer

GRO Network aims to facilitate low-carbon grain with POET as key customer

September 1, 2020 |

In California, Farmer’s Business Network, GRO Network, which provides new technology and services that facilitate the scoring, sourcing, and pricing of Low-Carbon Grain from farm to fork, making environmental transparency in the grain industry a reality now. GRO Network enables comprehensive environmental transparency, and supports a market for premium, environmentally scored grain. GRO Network also […]

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Court denies POET’s claim that U.S. EPA’s guidance will cost credits

Court denies POET’s claim that U.S. EPA’s guidance will cost credits

August 16, 2020 |

In Washington, D.C., Reuters reports that a federal appeals court on Friday denied a challenge by leading ethanol maker POET Biorefining, LLC who accused the U.S. Environmental Protection Agency of making it impossible to certify its corn-fiber-derived ethanol under a renewable-fuel program. A split three-judge panel of the U.S. Court of Appeals for the D.C. […]

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POET scaling up industrial alcohol production at two biorefineries

POET scaling up industrial alcohol production at two biorefineries

August 3, 2020 |

In South Dakota, POET is scaling up production of industrial and beverage-grade alcohol at two biorefineries. This will help meet growing demand due to market changes from COVID-19 while creating a new domestic market to boost the ag economy. Industrial alcohol is a fundamental component of products such as cleaning supplies and hand sanitizer. POET […]

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