Post Tagged with: "POET"

Source: Reuters

Exclusive: Biofuels processor POET in talks to acquire Flint Hills’ ethanol assets – companies


NEW YORK – POET, the largest biofuels producer in the United States, is in discussions with Flint Hills Resources to acquire the entirety of Flint Hills’ ethanol assets, both companies told Reuters on Thursday.

The deal would increase POET’s …

Source: CNBC

World’s largest ethanol producer forced to find a new market — hand sanitizer


Where gasoline goes, ethanol follows, and both have been on a path to unprofitability.

Ethanol prices have collapsed as gasoline demand dropped by half due to COVID-19 shutdowns. That because ethanol —a biofuel derived from corn — makes up …