POET

POET

Biotechnology Research

Sioux Falls, South Dakota 26,674 followers

For almost 40 years, we've been changing the world through sustainable, plant-based biofuels & bioproducts.

About us

At POET, we are changing the world for the better while leaving a legacy that promotes health and sustainability through renewable biofuels and bioproducts. We believe in creativity from common sense. We believe the solution to our nation's growing energy crises is not some far-flung work of science fiction. It's the domestic energy we're producing today. The people of POET are currently replacing millions of barrels of imported oil every year with clean, renewable energy, all while pumping billions of dollars back into the American economy. In our three-plus decades on the job, POET has developed an unmatched record in technology, reliability, and efficiency. That's a legacy we intend to pass on. And every day we keep building on it. Today, we have a network of 34 plants in eight states and produce more than 3 billion gallons of biofuels annually. More important than volume is the efficiency with which we produce our products. POET provides turnkey development, design, engineering, construction, management and marketing services for our plant network. Our facilities are the most successful and profitable in the industry. Our technologies were developed and refined through years of hard work and collaboration with leaders in clean technology, biochemistry and animal nutrition. As a result, we reap more value from a bushel of corn than anyone. In addition to biofuels, we've perfected the leading brand of premium dried distillers grains with solubles on the market, Dakota Gold®.

Website
http://poet.com
Industry
Biotechnology Research
Company size
1,001-5,000 employees
Headquarters
Sioux Falls, South Dakota
Type
Privately Held
Founded
1987
Specialties
food and cellulosic ethanol

Locations

Employees at POET

Updates

  • View organization page for POET, graphic

    26,674 followers

    The Earth was made to thrive in natural harmony, like music — or poetry. But we have taken too much for too long, and now we've fallen out of rhythm. We need bold solutions today if we hope to sustain Earth's fragile balance tomorrow. That's why we've composed a strategy to help restore harmony between human and nature. We're proud to announce the publication of POET's inaugural sustainability report, available at poet.com/sustainability.

  • View organization page for POET, graphic

    26,674 followers

    "It's fun to help watch and encourage my team and help provide some direction here and there, but it's more fulfilling to have such an engaged team who all understand the mission and the vision." —Joshua Shields, Senior Vice President of Corporate Affairs A Rapid City, SD, native, Shields went from Capitol Hill to changing the world right in the Midwest. 🌽

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  • View organization page for POET, graphic

    26,674 followers

    Today marks 55 years since one of the most iconic days in American history: the moon landing. 🇺🇸🧑🏼🚀 The event holds some significance for us, as we were honored to host Neil Armstrong on the day that our name became POET in 2007. After all, who better to motivate us for our moonshot of changing the world than one of the greatest trailblazers of the 20th Century? We hope that one day our children and grandchildren will look back – just as we do to Armstrong’s “giant leap for mankind” on that historic day in 1969 – and celebrate POET's impact on creating a cleaner, healthier, better world for them.

  • View organization page for POET, graphic

    26,674 followers

    A hub of green technology and innovation can be found right in America's heartland: on our farms. At POET, we believe materials grown from the surface of the Earth can replace the products that currently come from barrels of oil, and we are creating renewable bioproducts that provide environmentally responsible alternatives for consumers across the globe. Learn more at poet.com/products.

  • View organization page for POET, graphic

    26,674 followers

    At POET, we have always striven to bring new value to our producers, and our partnership with CF Industries continues this mission.” —Christian McIlvain, President of POET Grain POET is proud to partner with CF Industries, a leading global manufacturer of hydrogen and nitrogen products, in collaboration to pilot the use of low-carbon ammonia fertilizer to reduce the carbon intensity of corn production and bioethanol. Read more: https://bit.ly/46gCPs8.

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Funding

POET 3 total rounds

Last Round

Series unknown

US$ 53.8M

See more info on crunchbase