Poet begins Missouri expansion project
Poet Biorefining - Laddonia, Missouri is undergoing a $2 million (€1.4 million) expansion that will increase the plant’s capacity and provide a larger market for locally produced corn.
Work has already begun on installation of a sixth fermenter at the plant. It is expected to be completed in April 2009.
Poet Biorefining - Laddonia was built in September 2006 with a capacity of 45 million gallons per year (MGPY), but it is producing almost 52 MGPY.
The expansion will add another 5 million gallons of capacity.
‘The plant itself is running very efficiently,’ GM Robin Venn says. ‘It’s performing above and beyond expectations.’
The additional capacity will allow the plant to purchase another $3 million worth of corn per year at today’s prices, boosting the local economy even as the country is facing difficult financial times.
Poet operates 26 production facilities in the US with five more in construction or under expansion. The company produces and markets more than 1.54 billion gallons of ethanol annually.
Work has already begun on installation of a sixth fermenter at the plant. It is expected to be completed in April 2009.
Poet Biorefining - Laddonia was built in September 2006 with a capacity of 45 million gallons per year (MGPY), but it is producing almost 52 MGPY.
The expansion will add another 5 million gallons of capacity.
‘The plant itself is running very efficiently,’ GM Robin Venn says. ‘It’s performing above and beyond expectations.’
The additional capacity will allow the plant to purchase another $3 million worth of corn per year at today’s prices, boosting the local economy even as the country is facing difficult financial times.
Poet operates 26 production facilities in the US with five more in construction or under expansion. The company produces and markets more than 1.54 billion gallons of ethanol annually.
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