Farmers now delivering biomass to POET’s Project LIBERTY storage site

First farmers completed BCAP applications Monday


Tuesday, January 25, 2011 - POET-DSM



Farmers are now delivering biomass bales to POET’s 22-acre storage site in Emmetsburg, Iowa, the future home of the 25 million-gallon-per-year cellulosic ethanol plant dubbed “Project LIBERTY.”

Area farmers harvested 56,000 tons of corn cobs, leaves, husks and some stalk this fall but had been waiting to deliver the biomass to POET while guidelines for the U.S. Department of Agriculture’s Biomass Crop Assistance Program (BCAP) were finalized. Farmers on Monday began completing the application process, and they started delivering bales soon after.

“While we shared the farmers’ frustration with delays to BCAP, we are happy to see that the program is being implemented and farmers are now delivering biomass to POET,” Project LIBERTY Director Jim Sturdevant said. “I know they are eager to deliver their bales, just as we are eager to validate our receiving and handling procedures at the new biomass stackyard.

“BCAP is important to helping these first farmers get the new biomass market off the ground. BCAP’s inclusion in the next Farm Bill is an important part of continuing to develop this market.”

BCAP is a USDA program that provides matching funds of up to $45 per ton to an individual farmer for a maximum two years. It is meant to offset startup costs for developing the feedstock market for cellulosic ethanol and other alternative energy endeavors.

Bales this year will be used primarily to test procedures for delivery, receiving, quality assurance, storage and handling at the stackyard. When operational, Project LIBERTY will use about 300,000 tons of biomass annually to produce ethanol.

About POET
POET, the largest ethanol producer in the world, is a leader in biorefining through its efficient, vertically integrated approach to production. The 23-year-old company has a production capacity of more than 1.7 billion gallons of ethanol and 9 billion pounds of high-protein animal feed annually from 27 production facilities nationwide. POET also operates a pilot-scale cellulosic ethanol plant, which uses corn cobs and light stover as feedstock, and will commercialize the process in Emmetsburg, Iowa. For more information, visit http://www.poet.com.

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