Expanded POET Biorefining - Chancellor begins production
SIOUX FALLS, S.D. - POET Biorefining - Chancellor started producing ethanol last week at its expanded capacity of 100 million gallons per year (MGPY). It took the plant fewer than 24 hours to achieve its new nameplate capacity. The $100 million construction project started 12 months ago and doubled the plantís production capacity. With the expansion completed, the annual production capacity of POETís 22 ethanol plants is 1.25 billion gallons per year.
Construction continues at the plant on a solid waste fuel boiler, which will burn waste wood to produce more than half of the expanded plantís power needs Waste wood from pallets, construction sites and area landfills will be the primary fuel source for the solid waste fuel boiler.
POET Biorefining - Chancellor started operations in March 2003. Last year, the facility produced 51 million gallons of ethanol and 160,000 tons of Dakota Gold Enhanced Distillers Nutrition products. Construction on the solid waste fuel boiler is expected to be complete in Q3 2008. The expansion and the addition of the solid waste fuel boiler will necessitate the hiring of approximately 20 new employees for the facility, which is already the largest employer in Chancellor.
POET, the largest ethanol producer in the world according to the Renewable Fuels Association, is an established leader in the biorefining industry through project development, design and construction, research and development, plant management, and marketing. The 20-year old company currently operates 22 production facilities in the United States with five more in construction or under development. The company produces and markets more than 1.25 billion gallons of ethanol annually. For more information, go to http://www.poetenergy.com.
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