POET has been working on cellulosic ethanol technology for more than eight years and has significantly expanded their research and development efforts. The company recently completed an expansion of their research lab in Sioux Falls, S.D. that tripled its size. In the past year, they have doubled the number of researchers on staff and will spend twice as much on R&D this year as they did just two years ago.
Project LIBERTY, the transformation of a 50 MGPY grain-to-ethanol plant in Emmetsburg, Iowa into an integrated corn-to-ethanol and cellulose-to-ethanol biorefinery, is jointly funded by POET and the United States Department of Energy (DOE). Once complete, the facility will produce 125 MGPY, of which 25 million gallons will be from corn fiber and corn cobs. By adding cellulosic production to an existing grain ethanol plant, POET will be able to produce 11 percent more ethanol from a bushel of corn, 27 percent more from an acre of corn, while reducing fossil fuel consumption and water use.
POET is in the first phase of the agreement with the DOE, which governs all aspects of the project leading up to construction. Project LIBERTY is expected to start construction in 2009 and be operational in late 2011. The pilot facility is outside of the partnership with the DOE and all construction expenses will be incurred by POET.
POET, the largest ethanol producer in the world according to the Renewable Fuels Association, is an established leader in the biorefining industry through project development, design and construction, research and development, plant management, and marketing. The 20-year old company currently operates 23 production fa
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