The largest ethanol producer in the world intends to be directly or indirectly responsible for the production of 3.5 billion gallons of cellulosic ethanol by 2022. Speaking at the National Press Club in Washington, D.C., POET CEO Jeff Broin said they have made enough progress on technology and feedstock development to break ground on their first cellulosic ethanol plant in …
POET Ethanol Plants Get Safety Awards
Five POET ethanol plants have been recognized for chemical transportation safety, receiving the Union Pacific Railroad’s 14th annual Pinnacle Award. The award is given to companies that have no non-accident releases during the year and have successful prevention and corrective plans in place. “This is Union Pacific’s opportunity to acknowledge and thank our customers for their continuing efforts to eliminate …
Ethanol Advertising Blitz
Expect to see ethanol advertising saturating the airwaves over the next few months. Growth Energy and POET both announced major television advertising campaigns this morning that will air on major cable television networks, including Fox News, MSNBC, CNBC, and CNN. The POET campaign includes three ads, each representing a different aspect of ethanol production with a farmer, a scientist and …
Fortune Brainstorm Green Biofuels Session
Three CEOs of companies working toward next-generation biofuels will take the stage at Fortune Magazine’s Brainstorm Green conference in California next week. Joining the conversation on “Beyond Corn Ethanol?” will be Jeff Broin of POET, William Roe of Coskata and Jonathan Wolfson with Solazyme. Broin will also take part in another discussion on “Renewable Energy – Hype and Reality” with …
Ethanol Producer Plans to Cut Water Use
The world’s largest ethanol producer plans to decrease water use in the production of ethanol by 22 percent over the next five years, which would result in a savings of one billion gallons of water per year. In a presentation to employees today, POET CEO Jeff Broin said the company is committed to producing ethanol as sustainably as possible and …
Ethanol Industry Rep Appointed to California Panel
At least one ethanol industry representative has been appointed to an expert work group attempting to assess the true carbon footprint of all fuel sources under the California’s proposed Low Carbon Fuel Standard. POET Senior Vice President of Science and Technology Mark Stowers has been appointed to the California Air Resources Board (CARB) is one of 30 experts from around …
POET to Announce Cellulosic Ethanol Plans
Project LIBERTY’s construction is scheduled to begin this year and will use corn cobs as feedstock. POET has operated a pilot cellulosic ethanol plant in Scotland, S.D. since November 2008. The location of this new plant will be alongside the Emmetsburg grain ethanol plant making a more efficient process. A documentary of POET’s pilot cellulosic ethanol plant can be found …
IDED Approves $5.25 Million Project LIBERTY Grant
The Iowa Department of Economic Development (IDED) has approved an agreement for the final $5.25 million in financial assistance for Project LIBERTY, Poet’s cellulosic pilot project that will convert corn cobs to ethanol. The announcement ups the total of Iowa’s financial contributions to the project to $20 million. Poet and IDED has been in talks since 2008. “The state has …
Ethanol Pipeline Would Create Green Jobs
A proposed ethanol pipeline could create nearly 80,000 jobs across the country, according to a new feasibility report. The report, from consulting firm LECG, shows that the majority of the jobs created will be in the construction and transportation industries and the pipeline project would provide approximately 1,100 permanent jobs after construction is complete. Ethanol producer POET formed a joint …
POET CEO Bullish on Cellulosic Ethanol
Cellulosic ethanol pioneers like Jeff Broin of POET are confident about the future of next generation fuels, even if the country fails to reach the Renewable Fuel Standard mandate of 100 million gallons of production next year. “To be honest with you, that number was picked out of thin air, so the chance that we do or don’t make it …