POET has announced its commitment to scale up production of industrial and beverage-grade alcohol at two biorefineries.
The Sioux Falls-based US company said this will help meet growing demand due to market changes from COVID-19 while creating a new domestic market to boost the agricultural economy.
POET is making significant investments to enhance operations at its biorefinery in Leipsic, Ohio, and is in the design phase for modification of a second industrial-grade plant in Alexandria, Indiana, that will come online in early 2021.
“People shouldn’t have to choose between protecting the Earth and sanitising their surroundings. Bio-based sanitisers are made from renewable resources and can replace poisonous synthetic cleaners, made from fossil fuels, in our hospitals and homes, while still keeping us safe by killing harmful bacteria and germs,” said POET CEO Jeff Broin.
Bob Casper, POET’s chief commercial officer, added: “Our company has always been well poised to quickly make process adjustments in order to meet evolving demand. POET worked around the clock in order to modify our operations and supply frontline workers with high-quality sanitiser in a time of great need, and scaling up our industrial alcohol production presents an opportunity for us to continue to live our mission and produce another environmentally friendly product that consumers are asking for.”
POET is the world’s largest producer of biofuels and has successfully marketed a number of bio-based products including several animal feed solutions.
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