POET now producing Voilà™ corn oil at 14 plants

Oil could be used as feedstock for more than 31 million gallons of biodiesel


Tuesday, June 5, 2012 - General Press Releases


SIOUX FALLS, SD (June 5, 2012) – Fourteen plants in the POET network have now installed POET’s patent-pending corn oil technology, bringing total annual production capacity to approximately 235 million pounds per year, enough to provide feedstock for approximately 31 million gallons of biodiesel.

POET has been selling Voilà™ corn oil into biodiesel and feed markets since January 2011, and strong demand for the product has prompted plans to upgrade the majority of the plants in the POET network.

POET Biorefining – Hudson (S.D.) was the first to produce Voilà on a commercial scale. Since then, the technology has been installed in 13 additional plants, with more on the way throughout 2012. Plants that are producing corn oil today are:

Iowa:
POET Biorefining – Ashton, Coon Rapids, Corning, Emmetsburg, Gowrie, Jewell and Hanlontown

Missouri:
POET Biorefining – Laddonia

Minnesota:
POET Biorefining – Lake Crystal and Glenville

South Dakota:
POET Biorefining – Big Stone, Hudson and Groton as well as the POET Research Center in Scotland

“We’ve had a great response from Voilà customers, and I’m excited to be able to expand production to meet more of the demand,” POET CEO Jeff Lautt said.

Voilà is just one item on POET's growing list of products created at its plants. In addition to ethanol, POET produces quality products for animal feed including Dakota Gold distillers dried grains. POET also captures carbon dioxide at five of its plants for sale to beverage producers and other users.

“At POET, we’re focused on getting the most value from corn as we possibly can,” Lautt said. “Ethanol is obviously a big part of that, but the many other products we produce are also very important to our business. We’re also working hard to develop even more biorefined products.”

Watch POET’s video Q&A for more details about Voilà

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 25-year-old company has a production capacity in excess of 1.6 billion gallons of ethanol and 9 billion pounds of high-protein animal feed annually from its network of 27 production facilities. POET also operates a pilot-scale cellulosic bio-ethanol plant, which uses corn cobs, leaves, husk and some stalk as feedstock, and expects to commercialize the process in Emmetsburg, Iowa through its joint venture with DSM. For more information, visit http://www.poet.com.