Friday, May 31, 2019
SIOUX FALLS, S.D. (May 31, 2019) - POET CEO Jeff Broin today responded to the EPA’s final rule on RVP.
"The Trump Administration’s year-round E15 rule is a huge win for farmers, clean fuels and consumer choice. Millions of drivers will now have the freedom to choose cleaner-burning E15 and enjoy greater savings at the pump when they need it most – during the summer driving season when fuel prices peak. Nationwide adoption of E15 will drive the production of 7 billion gallons of biofuels, creating an additional demand for 2 billion bushels of corn each year, and unlocking new domestic demand for homegrown fuels at a critical time for America’s farmers. We extend our deepest thanks and appreciation to President Trump, Vice President Pence, Secretary Perdue, and Administrator Wheeler for putting family farms, rural jobs, cleaner air, and American consumers first and delivering year-round E15 as promised."
POET, the world’s largest biofuels producer, is a leader in bio refining through its efficient, vertically integrated approach to production. Started in 1987, the company today has a network of 27 production facilities. POET, through its joint venture with DSM, also operates a commercial-scale cellulosic ethanol plant in Emmetsburg, Iowa. This year, Fast Company recognized POET on its annual list of “Most Innovative Companies” for transportation. For more information, visit https://www.poet.com.