POET to detail cellulosic ethanol efforts for DOE

Peer review, public presentation to take place this week in Washington, D.C.


Monday, March 16, 2009 - POET-DSM


SIOUX FALLS, S.D. – POET will present this week its progress toward commercializing cellulosic ethanol before a panel of peers assembled by the U.S. Department of Energy in Washington, D.C.

POET plans to begin producing cellulosic ethanol from corn cobs in 2011 through Project LIBERTY, a 25 million gallon-per-year plant that will be built in Emmetsburg, Iowa. POET is receiving $80 million of the project’s $200 million for the project through the DOE’s Biomass Program.

“We’ve made significant progress over the last year toward commercializing cellulosic ethanol,” said Project LIBERTY Director Jim Sturdevant. “We’re happy to present our work to DOE, which is such a key partner in this project.”

The peer review will take place on March 18 in a closed session. There will be an open session for the public on March 19. Sturdevant will give his public presentation from 9:25-9:50 a.m. at the Westin National Harbor in Washington, D.C.

In November 2008, POET started up a pilot plant that is currently producing ethanol from corn cobs in Scotland, S.D. To see a documentary about POET’s pilot cellulosic ethanol plant visit www.poet.com/cellulosedocumentary.htm. Media outlets are welcome to link to the documentary in online coverage. Photos are also available for publication at http://www.poet.com/news/releases.asp.

About POET
POET, the largest ethanol producer in the world, 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 www.poet.com. For information about Project LIBERTY, visit www.projectliberty.com.

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