In South Dakota, POET and Antora Energy announced the commissioning of Antora’s 5 gigawatt-hour, multi-day thermal energy storage system at POET’s Big Stone City, South Dakota bioprocessing facility. The project advanced from initial construction to delivering energy in under 12 months and will be fully operational later this year. Upon completion, it will rank among […]
In Florida, NASCAR announced a landmark partnership with POET, the world’s largest producer of biofuels, naming the company the Official Bioethanol Partner of NASCAR. As part of the agreement, NASCAR will become the first major motorsports series to utilize zero-carbon bioethanol in combination with its existing fuel partner Sunoco, reinforcing the sport’s commitment to innovation, […]
In Iowa, CF Industries and POET have launched a pilot project with major agriculture co-operatives to jointly develop a low-carbon fertilizers supply chain. The goal of the pilot is to demonstrate how the use of low carbon nitrogen fertilizer can substantially reduce the carbon intensity of corn and enable the production of low carbon ethanol […]
In Indiana, POET will expand POET Bioprocessing – Shelbyville, doubling the facility’s bioethanol production capacity. The expansion will double POET – Shelbyville’s bioethanol production from 98 million gallons to 193 million gallons. The upgraded facility will also double its dried distillers grains and corn oil output, add 20 new full-time team members, and grow local […]
In Tennessee, POET has finalized its acquisition of Green Plains Obion, which will now be known as POET Bioprocessing – Obion, a bioethanol facility in northwestern Tennessee. With this milestone, POET’s portfolio grows to 35 bioprocessing facilities across nine states, bringing its annual production capacity to 3.1 billion gallons of bioethanol. POET also produces 15 […]
In South Dakota, World Grain reported that Poet, a global biofuels producer, has agreed to acquire the Green Plains Inc.’s Obion, Tennessee, US, ethanol plant for $190 million in cash, including an estimated $20 million in working capital. The Green Plains Obion facility was commissioned in 2008. It has an annual production capacity of 120 […]
In South Dakota, POET and Tallgrass announced they have entered into definitive agreements to connect POET’s Fairmont, Nebraska bioprocessing facility to the Tallgrass Trailblazer carbon dioxide (CO2) pipeline. Under the arrangement, the POET facility will capture bioCO2 for transportation and permanent underground sequestration in Wyoming. The Trailblazer project is under construction and expected to commence […]
In South Dakota, POET and Tallgrass announced they have entered into definitive agreements to connect POET’s Fairmont, Nebraska bioprocessing facility to the Tallgrass Trailblazer carbon dioxide (CO2) pipeline. Under the arrangement, the POET facility will capture bioCO2 for transportation and permanent underground sequestration in Wyoming. Tallgrass is in the process of converting a natural gas […]
In Illinois, CF Industries Holdings, a global manufacturer of hydrogen and nitrogen products and the world’s largest producer of ammonia, and POET announced a collaboration to pilot the use of low-carbon ammonia fertilizer to reduce the carbon intensity of corn production and ethanol. The companies intend to jointly develop a low-carbon fertilizer supply chain to […]
In Illinois, CF Industries Holdings, Inc. and POET LLC announced a collaboration to pilot the use of low-carbon ammonia fertilizer to reduce the carbon intensity of corn production and ethanol. Demand for ethanol with a lower carbon intensity is expected to increase significantly to meet low-carbon fuel standards. Ammonia is commonly used as a direct […]
