POET

The company traces its history to a family farm owned by Lowell Broin in Wanamingo, Minnesota, which farmed corn and livestock on 1,200 acres. The reorganization changes the following company names: • Broin Companies –> Poet • Broin Management –> Poet Plant Management • Broin & Associates –> Poet Design & Construction • Ethanol Products –> Poet Ethanol Products • Dakota Gold Marketing –> Poet Nutrition • Broin Enterprises –> Poet Research Center Its plants have been visited by President George W. Bush in Wentworth, South Dakota in April 2002, by President Barack Obama in Macon, Missouri in April 2010, and by President Joe Biden in Menlo, Iowa, in April 2022. ==Cellulosic ethanol==

POET has constructed an $8 million pilot plant to produce cellulosic ethanol made from corn cobs and other crop residue. A commercial scale project, based on the pilot plant, was undertaken as a joint venture with Royal DSM under the name POET-DSM Advanced Biofuels, LLC. A federal loan guarantee was obtained in July, 2011 for a commercial-scale plant to be built in Emmetsburg, Iowa. This loan guarantee was later declined when the joint venture with Royal DSM was announced. Originally scheduled to open in 2013, the facility opened a year late in September, 2014. It closed down in 2020. ==References==