Year | Detail |
1987 |
POET LLC was founded in 1987. It started as a single bioprocessing facility in Scotland, South Dakota, and has since become a substantial biofuel producer. |
2006 |
The company partnered with DuPont to advance the development of ethanol from cellulosic biomass. |
2007 |
POET Biorefining rebranded all 26 of its ethanol production sites from Broin Companies. |
2007 |
The company collaborated with several agricultural equipment manufacturers to refine harvesting methods and to store and transport corn cobs for commercial cellulosic ethanol production. |
2009 |
Perdue AgriBusiness and POET partnered to promote and represent POET's Dakota Gold BPX, a premium-grade distillers grains product line in domestic and international feed markets. |
2010 |
POET purchased a 90 million gallon-per-year ethanol plant outside Cloverdale, Ind. Altra Biofuels previously operated. |
2017 |
The company partnered with U.S.-based Al Dahra ACX, a subsidiary of Al Dahra Holding, to grow distillers' grains used in the Middle East. |
2022 |
The company acquired the rail-to-container transload facility of Savannah Marine Terminal (SMT) in Savannah, Georgia. |
2023 |
Poet signed a partnership agreement with Midwest Commodities in Detroit, Michigan. As part of the agreement, Midwest Commodities will provide Poet solely with DDGS truck-to-container transload services. |