POET-DSM Advanced Biofuels, LLC is a joint venture between Royal DSM and POET, LLC. They recently celebrated the grand opening of their first commercial cellulosic ethanol plant, Project LIBERTY, in Emmetsburg, IA. The plant has the capacity to convert 770 tons of biomass daily to produce 20 million gallons a year of cellulosic ethanol.
With a total investment of $275 million, Project LIBERTY is a significant step towards transforming the economy, environment, and national security. The company's proprietary technology, which uses a cocktail of enzymes and yeast, has the potential to achieve net sales of approximately $250 million from bio-ethanol and license income by 2020.
Generated from the website