POET

POET

Biotechnology Research

Sioux Falls, South Dakota 26,490 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

    26,490 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

    26,490 followers

    Happy Fourth of July! 🇺🇸 At POET, we're proud to produce clean, Earth-friendly biofuels right in America's heartland. Today and every day, we're grateful for all who have served to protect our independence and blessed to live in this great, free nation. Wishing you a safe and fun Independence Day weekend!

  • View organization page for POET, graphic

    26,490 followers

    The 644,000 domestic jobs that the United States has supported in the industrial bioeconomy contributed US$210 billion to the nation's gross domestic product and drove US$49 billion in wages. That adds up to a job multiplication factor of 12, which is over double the typical job multiplication factor for this sector! 🤯 Read more about how biofuels are changing the world in a positive way at https://bit.ly/3RMLa0K.

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  • View organization page for POET, graphic

    26,490 followers

    “I don't want anybody to ever feel like they don’t have anybody in their corner that really cares about them. I want people to say, ‘OK, ShaQuana cares about me.'” –ShaQuana Brown, Logistics Supervisor at POET Terminal – Savannah At one of POET's rail-to-container transload facilities, Brown is responsible for overseeing container movements in, around, and out of Savannah’s yards, supervising three team members, and ensuring timely container delivery to the port of Savannah. Despite the stresses of her job, Brown stays passionate about her team and its people. Read more about Brown's leadership success at https://bit.ly/3XFslA3.

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  • View organization page for POET, graphic

    26,490 followers

    Did you know? The POET solar farm at headquarters in Sioux Falls, SD, provides power equal to the annual electricity use of 90 homes, offsetting 630,000 pounds of carbon dioxide each year! The POET solar farm is an opportunity for POET to harvest the power of the sun to create another form of clean, renewable energy. 🌱

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  • View organization page for POET, graphic

    26,490 followers

    No kernel goes to waste at POET! Once the starch is used to produce bioethanol, we take the rest and create bioproducts like corn oil and high-quality animal feed, in addition to our bioCO2, purified alcohol, and more. Everything is renewable, plant-based, and made right here in America's heartland! 🌽♻️ #POETproud Learn more about our suite of bioproducts at poet.com/products-services.

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Funding

POET 3 total rounds

Last Round

Series unknown

US$ 53.8M

See more info on crunchbase