Ethanol made by POET is big in U.S. economic growth, cutting dependence on foreign oil, and reducing greenhouse gases. The South Dakota-based ethanol maker has released its first-ever economic impact study that shows the company made significant contributions, including: – Generating a total of $13.5 billion in sales for U.S. businesses; – Adding $5.4 billion in national gross domestic product; …
Abe Hughes Joins POET
Congratulations to our good friend Abe Hughes for his new career opportunity with POET. I just spoke with Abe by phone to find out more about what he’s doing now as POET Senior Vice President of Business Development. From the release: In this role, Hughes will help guide POET’s strategies for continued growth, whether through independent initiatives or partnerships, both …
New President for POET-DSM Joint Venture
POET-DSM Advanced Biofuels has announced that Dan Cummings will serve as first president for the joint venture. “Dan has more than 25 years of experience in the energy sector, and we’re excited to have him leveraging that knowledge to grow cellulosic ethanol production for the world,” said Jeff Lautt, Chairman of the POET-DSM Board. “We look forward to Dan taking …
POET Fights Pollution in Haiti with Ethanol Stoves
An American ethanol company is fighting fighting pollution and deforestation in Haiti with ethanol-fueled cook stoves. This news release from POET says the company has partnered with with Project Gaia to replace wood-burning stoves with the clean-burning, ethanol-fueled ones. Today, most Haitians rely on charcoal and firewood to cook their daily meals. Consequentially, the nation has experienced extreme deforestation over …
POET-DSM Commends Partners in Cellulosic Ethanol Venture
POET-DSM is commending its partners in a cellulosic ethanol venture. This company news release says POET is praising Suomen Bioetanoli Oy and the government of Finland after the Finnish government announced a 30 million euros grant to Suomen Bioetanoli Oy to build a plant that will convert wheat straw into about 24 million gallons of ethanol annually. “Suomen Bioetanoli Oy …
Dueling RFS Ads Have Same Tune
President Obama needs to overrule this misguided proposal from the EPA before it is too late and these new technologies move overseas. The fate of America’s advanced biofuel industry, along with the President’s clean energy legacy, are resting on his decision. Fuels America USA Today print ad “Tell President Obama, stop playing politics – fix the RFS.” American Petroleum Institute …
Groups Congratulate Project LIBERTY’s Success
Groups from all around the country are congratulating POET-DSM Advanced Bioenergy on their successful start-up of Project LIBERTY, a 25 million per gallon per year cellulosic ethanol plant located in Emmetsburg, Iowa. This is the first commercial-scale biorefinery in the country that uses agricultural waste, such as residue from corn fields, to produce cellulosic ethanol. The Department of Energy helped …
New USDA Report Validates Sustainability of Biomass
Experts from Iowa State University and the United States Department of Agriculture (UDSA) have dtermined that after five years of soil nutrient data gathered at POET-DSM’s Project Liberty site are consistent with more than 500 site-years of additional soil research. The research team has concluded that the results show that biomass harvesting, which is now being done in the Emmetsburg, …
Iowa Gov Signs Biodiesel, Ethanol Measures into Law
Iowa Governor Terry Branstad has signed into law measures seen as good for ethanol and biodiesel in his state, a move much welcomed in an area that is a major player in the renewable fuel market. Branstad was joined by other state dignitaries, as well as officials from the Iowa Renewable Fuels Association (IRFA) and ethanol producer POET, which hosted …
EPA and USDA Dispute Corn Stover Study
Two federal agencies joined the biofuels industry last week in seriously questioning the results of a University of Nebraska study that claims negative greenhouse gas emissions impacts in using corn stover for ethanol production. A statement by U.S. Environmental Protection Agency spokeswoman Liz Purchia about the report noted problems with “hypothetical assumption that 100 percent of corn stover in a …