DSM and POET, one of the world's largest ethanol producers, announced on January 24, 2012 that they will form a joint venture to commercialize and transfer cellulosic ethanol production technologies, which will be based on proprietary and complementary technologies. technology. The established POET-DSM Advanced Biofuels Company has planned to begin production in the second half of 2013 at one of the first commercial-scale cellulose ethanol plants in the United States.

Due to its joint venture with DSM, POET will not use loan guarantees. It was awarded by the US Department of Energy (DOE) grant project LIBERTY on September 23, 2011.

DSM and POET will produce cellulosic ethanol from the residues of cereal crops through the use of biological enzymolysis and subsequent biological processes. Up to 25% of the remaining cereal crop residues in the farmland will be collected and the rest will be used as soil compost to prevent soil erosion. Several independent studies, as well as Iowa State University research supported by POET, have shown that removal of this residue does not cause significant nutritional deficiencies.

The technology's first commercial verification program is currently being built in Emtesburg, Iowa, adjacent to POET's existing grain ethanol plant. The initial capacity is expected to be 20 million gallons in the first year and will expand to about 25 million gallons per year.

POET-DSM Advanced Biofuels intends to duplicate and license the technology, provide the other 26 sets of grain ethanol facilities in the POET network, and authorize the transfer to producers in the United States and other parts of the world. The US Environmental Protection Agency (EPA) estimates that as many as 350-400 new biorefinery plants will be built in the United States by 2022 to meet the requirements of 16 billion gallons/year of cellulosic bioethanol required by the renewable fuel standards. .

POET is one of the world's largest ethanol producers, with more than 1.6 billion gallons per year of ethanol and 9 billion pounds per year of high protein animal feed production capacity, which comes from its 27 production facilities network. DSM and POET each hold 50% of the joint venture and are headquartered in Sioux Falls, South Dakota.

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