August 13, 2008

POET To Produce Cellulosic Ethanol By Years End

POET announces cellulosic ethanol pilot facility to be operational this yearPOET, the nations largest ethanol producer announced today that it's cellulosic ethanol pilot facility will be operational by the end of the year. The facility will be located in Scotland, SD and will be capable of producing 20,000 gallons of ethanol per year from corn fiber and corn cobs.

"Our expanded research effort has led to several significant strides in the development of cellulosic ethanol technology at the lab scale in recent months," said Jeff Broin, CEO of POET. "Construction of this pilot facility will allow our company to take the next step toward the commercialization of cellulosic ethanol."

Construction is expected to begin on Project Liberty, their commercial scale cellulosic ethanol plant in 2009 with production beginning in 2011.

Source : POET

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