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Privately held U.S.-based POET Llc has overtaken industry pioneer and global grain merchant Archer Daniels Midland Co (ADM.N) to become the top ethanol producer in the world, the companies told ...
Broin's family ran a farm in Minnesota. In the early 1980s, Broin's father began producing ethanol on the farm. In 1987, he mortgaged the farm to purchase an ethanol plant in Scotland, South Dakota, and put Jeff in charge of managing it. Jeff became the CEO of Broin Companies, and in 2007 renamed it to POET.
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Ohio was a world leader in oil production in the late 19th and early 20th centuries. The Ohio oil and natural gas industries employ 14,400 citizens, resulting in $730 million in wages. The industries paid $202 million in royalties to landowners, and $84 million in free energy. [7]
Summit Carbon and POET's partnership, which they jointly announced on Jan. 29, expands the Iowa company's pipeline network with the addition of 17 POET bioprocessing plants — 12 in Iowa, five in ...
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