KWWL.com - News & Weather for Waterloo, Dubuque, Cedar Rapids & Iowa City, Iowa | Poet reduces cellulosic ethanol production costs
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EMMETSBURG, IOWA (AP)--Poet LLC, the nation's top ethanol producer, says it is has reduced its cellulosic ethanol production cost during the past year from $4.13 per gallon to $2.35 per gallon. The Sioux Falls-based company plans to produce 25 million gallons of ethanol each year from plant waste typically left behind in farmers' fields at its corn ethanol plant in Emmetsburg, Iowa. A pilot-scale plant in Scotland, S.D., has produced about 20,000 gallons of cellulosic ethanol since it began operations a year ago Wednesday. Privately held Poet says it has reached the cost savings by reducing energy usage, enzyme costs, raw material requirements and capital expenses.
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