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) […]
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 […]
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 […]
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 […]
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 […]
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 […]
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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