Press Releases

POET plant begins $2 million expansion project


Laddonia, Mo. facility to increase ethanol production by 5 million gallons per year


Monday, December 22, 2008


SIOUX FALLS, S.D. (December 22, 2008) – POET Biorefining – Laddonia, Mo. is undergoing a $2 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 actually is producing almost 52 MGPY, according to General Manager Robin Venn. The expansion will add another 5 million gallons of capacity.

“The plant itself is running very efficiently,” Venn said. “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, Venn said, boosting the local economy even as the country is facing difficult financial times.

About POET
POET, the largest ethanol producer in the world according to the Renewable Fuels Association, is an established leader in the biorefining industry through project development, design and construction, research and development, plant management, and marketing. The 20-year-old company currently operates 26 production facilities in the United States. The company produces and markets more than 1.54 billion gallons of ethanol annually. For more information, go to http://www.poet.com.

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