Poet cancels one plant, buys methane for another

By | June 02, 2008
Poet, the world's largest ethanol producer, has canceled plans for a 65 MMgy facility near Glenville, Minn., due to permitting delays. Larry Ward, vice president of project development at Poet, said the possibility still exists for a plant to be built in that location but not for several more years. Meanwhile, Poet's 100 MMgy plant in Chancellor, S.D., will begin purchasing methane from a local landfill to use as an energy source at the facility.