POET to announce milestone reached in cellulosic ethanol production at Fuel Ethanol Workshop

Dial-in number available

Tuesday, June 26, 2007 - POET-DSM

WHO: Jeff Broin, President & CEO of POET and Dr. Mark Stowers, VP of R&D for POET

WHAT: POET, the largest dry-mill ethanol producer, will announce a milestone reached toward the commercial production of cellulosic ethanol. In February, it was announced that POET will design and construct a commercial cellulosic production facility that will be jointly funded by POET and the U.S. Department of Energy. The project will expand an existing 50 mgpy dry-mill production facility in Emmetsburg, Iowa into a 125 mgpy cellulosic biorefinery that will produce ethanol from grain and agricultural residue.

WHY: President Bush has set an annual production goal of 35 billion gallons of renewable fuel by the year 2017. Industry experts believe that the U.S. could produce a maximum of 15 billion gallons of ethanol from grain per year by 2017. If the industry is to reach the 35 billion gallon goal, much of it will have to come from cellulosic ethanol.

WHEN: Wednesday, June 27, 2007
11:30 a.m. Central Standard Time

WHERE: The Fuel Ethanol Workshop
Media Room (124)
America’s Center
St. Louis, Mo.

HOW: For press credentials to the show, contact Dave Blazer, BBI (719.221.1274). There will be a phone line available to attend the announcement remotely. For the dial-in number, please contact Nathan Schock (nathan.schock (at) poetenergy.com)

About POET
POET, the largest dry mill ethanol producer in the United States, is an established leader in the biorefining industry through project development, design and construction, research and development, plant management, and marketing. Formerly known as Broin, the 20-year old company currently operates 20 production facilities in the United States with seven more in construction or under development. The company produces and markets more than one billion gallons of ethanol annually. For more information, go to http://www.poetenergy.com.

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