LATEST NEWS
Poet opens ethanol plant in Indiana
24th April, 2008
Flags line the driveway to the Poet Biorefining - Alexandria plant which will produce 65 million gallons of ethanol a year
Poet Biorefining - Alexandria will process 22 million bushels of corn from the area to produce 65 million gallons of ethanol and 178,000 tonnes of Dakota Gold Enhanced Nutrition Distillers Products a year. The $115 million (€73 million) facility is the second of three ethanol production facilities Poet will open in Indiana. A production facility near North Manchester, Indiana, will begin production in Q4 of this year.
'Indiana corn farmers, through investment of their corn checkoff dollars, have made a major commitment to promote the use of ethanol in our state,' Chris Novak, executive director of the Indiana Corn Marketing Council, says. 'The grand opening of Poet's second ethanol plant in Indiana represents the many positives that a robust biofuels industry can bring to our state, including a new market for area corn farmers, new jobs, a cleaner environment and less dependence on foreign oil.'
