POET has certainly been staying busy with groundbreakings and grand openings. Next month, POET plant #21 will open in Portland, Indiana – the first for the company in that state. The guest of honor on September 14 will be U.S. Senator Richard Lugar (R-IN), a huge ethanol supporter and biofuels industry expert.
The event will also include a flyover from the Vanguard Squadron – the world’s only 100 percent ethanol-powered aerobatic fleet – and a replica display of the #17 Ethanol Car from the Indy Racing League that is co-sponsored by POET.
POET Biorefining – Portland will produce 60 million gallons of ethanol per year and will push POET’s total annual production capacity to 1.11 billion gallons, making it the largest ethanol producer in the world.