Press Releases

POET receives “MVP in Agriculture” award from SD Corn Growers



Monday, January 11, 2016


SIOUX FALLS, S.D. (January 11, 2016) – The South Dakota Corn Growers Association presented POET with the “MVP in Agriculture” award at their 30th annual banquet Saturday night at the Sioux Falls Arena.

The MVP Award goes to an individual or organization that has helped reach common goals and advancement in the agricultural industry, according to SDCGA.

“Poet played a lead role in completely changing the landscape of agriculture across the state,” said Lisa Richardson, South Dakota Corn’s executive director. “They have provided a huge opportunity to add value to South Dakota corn.”

POET’s first plant was purchased in Scotland, SD in 1987, and since then the company has grown to 28 plants in seven states across the Midwest. POET currently has six plants in South Dakota producing more than 375 million gallons of ethanol per year.

“This award is an enormous honor for POET, and it shows the important link between ethanol and agriculture,” POET CEO Jeff Broin said. "Ethanol production has had a significant impact on agriculture profits and land values that has resulted in great success across the Midwest and the entire country in the last several years. Farmers, ag companies and ethanol producers need to work together to make sure that trend continues with increasing blends of ethanol in gasoline. If we all work together, I look forward to many more great things to come.”

About POET

POET, one of the world’s largest ethanol producers, is a leader in biorefining through its efficient, vertically integrated approach to production. The 28-year-old company has a production capacity in excess of 1.7 billion gallons of ethanol and 9 billion pounds of high-protein animal feed annually from its network of 27 production facilities. POET, through its joint venture with DSM, also operates a commercial-scale cellulosic ethanol plant in Emmetsburg, Iowa. For more information, visit http://www.poet.com.

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