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POET Tops ADM in Global Fuel Ethanol Production (Ind. Report)
POET,ADM
Date: 2018-05-02
In Chicago, Reuters is reporting that privately held, Emmetsburg, Iowa-based ethanol producer POET DSM has surpassed industry pioneer and global grain merchant Archer Daniels Midland to become the world's largest ethanol producer.

While POET's annual biofuel capacity has grown to 1.9 billion gpy, and will reach 2 billion by 2019, ADM has cut its market exposure and biofuel production to about 1.6 billion gpy, according to company data. The U.S. ethanol industry has total production capacity of more than 16 billion gpy, according to Reuters. (Source: Reuters, Country Guide, 1 May, 2018) Contact: Archer Daniels Midland, Juan Luciano, Pres., CEO, (312) 634-8100, www.adm.com; POET, Jeff Broin, Pres., (605) 965-2200, www.poet.com

More Low-Carbon Energy News Archer Daniels Midland,  POET,  Ethanol,  Biofuel,  


POET DSM Claims Cellulosic Biofuels Commercialization Breakthrough (Ind. Report)
POET DSM
Date: 2017-11-08
Emmetsburg, Iowa-based ethanol producer POET DSM reports the company has achieved a breakthrough in cellulosic biofuels that has been their biggest hurdle toward commercialization. According to POET DSM Spokesman Matt Merritt, the breakthrough was in pretreatment which is the first stage of cellulosic biofuel production. He says their next step is to get that licensed and out to other biofuel plants.

Merritt says by taking the cellulosic feedstock -- corn stover, cobs, leaves, husks -- and processing it so that enzymes and yeast can access the cellulosic sugars, it then ferments them into biofuel. The process benefits biofuel plants as well as farmers and the environment, according to Merritt. (Source: POET DSM, WNAX Radio, 6 Nov., 2017)Contact: POET LLC, Jeff Broin, CEO, Jeff Lautt, Pres., COO, (605) 965-2200, www.poet.com

More Low-Carbon Energy News POET DSM,  Cellulosic,  Ethanol,  Corn stover,  

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