POET is the world's largest producer of biofuel, operating 35 bioprocessing facilities across the U.S. Midwest from its headquarters in Sioux Falls, South Dakota. Founded in 1987, the company converts American-grown grain into bioethanol and a range of sustainable bioproducts, producing 3.1 billion gallons of bioethanol annually alongside distillers grains, corn oil, purified alcohol, and specialised products including dry ice and asphalt rejuvenator.
The company's operations span the agricultural value chain through partnerships with more than 30,000 local farmers, from which it sources nearly a billion bushels of grain annually. This vertically integrated approach generates significant economic activity in rural communities whilst maintaining a team of nearly 2,600 employees across bioprocessing facilities, three corporate offices, and four terminal locations.
POET's technical capabilities centre on biotechnology, bioprocessing, renewable energy conversion, and product development for petrochemical alternatives. The company holds more than 140 U.S. patents and employs a world-class team of researchers and engineers focused on advancing biofuel and bioproduct innovation. Its operations reflect a commitment to reducing dependence on fossil fuels whilst creating economic value across rural supply chains.
