Poet announces third Indiana plant

By | June 05, 2007
Poet LLC announced its third proposed ethanol plant in Indiana to be built near North Manchester. Construction will begin later this year on the $130 million, 65 MMgy plant with production expected to begin about 12 to 14 months later. The plant will use approximately 21 million bushels of corn per year and produce 178,000 tons of distillers grains per year. Construction is underway at two other Poet plants near Alexandria, Ind., and Portland, Ind., both of which should be on line by early 2008.