POET Optimistic On Cellulosic Ethanol
Source: By Storm Lake Radio • Posted: Friday, April 21, 2017
Matt Merritt, Director of Public Relations for POET DSM says the company’s Project Liberty cellulosic ethanol facility at Emmetsburg Iowa – which started production a year ago – is already nearing conversion goals. “We’re already at about 70 gallons of ethanol per ton. Our initial target was 72 gallons per ton, so we’re almost right at the target,” says Merritt.
Merritt tells Brownfield POET’s cellulosic ethanol – which is made using corncobs, leaves and husks – opens new markets for farmers in a depressed farm economy. “Lower prices, lower farm income, land values are certainly starting to come down more and more, and things are touch right now. What cellulosic ethanol offers is an opportunity to get a new crop, and it’s a new crop [farmers] are already growing,” says Merritt.
He says there are many expansion opportunities for cellulosic ethanol production, but recent talk of revising or eliminating the Renewable Fuel Standard could set back efforts.
Merritt says Poet recently added an enzyme manufacturing facility on site in Emmetsburg and the company plans to expand cellulosic production to other facilities in the future.