Poet also unveiled a new line of products with a new label, Poet Pure. The product line will include purified alcohol, renewable CO2 and renewable dry ice.
According to the news release, Poet is marketing the products as 100% plant-based.
“Poet’s all-natural purified alcohol is made from renewable resources grown on the surface of the earth and can replace petroleum-based synthetic products found in a variety of consumer goods,” the company said in a news release.
Poet is one of several ethanol companies to diversify their businesses in recent years, in light of EPA’s granting of an increasing number of small-refinery exemptions to the Renewable Fuel Standard starting in 2016.
Poet announced in August 2019 it was cutting back and idling production in response to EPA’s actions, https://www.dtnpf.com/….
“Poet has the unique ability to supply consumers across the globe with earth-friendly bioproducts,” said Jeff Broin, Poet founder and chief executive officer. “We’re proud to say that bioethanol and its co-products are continually being utilized in more ways that will enable us to live cleaner, healthier lives while being better friends to our environment.”
The two ethanol plants consume more than 45 million bushels of corn annually from area farmers, according to the company’s website.
Poet operates 28 ethanol plants in seven states. When its plants are operating at full capacity, Poet purchases about 5% of corn and produces about 2 billion gallons of ethanol, 10 billion pounds of distillers dried grains, and 600 million pounds of corn oil annually.
Todd Neeley can be reached at email@example.com
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