Who owns POET llc?

Who owns POET llc?

Jeff Broin
POET

Type Private
Key people Jeff Broin, Chairman & CEO Jeff Lautt, President & COO
Revenue $6.5 billion (2017)
Number of employees 2000
Website www.poet.com

Who owns POET biorefining?

Broin’s family ran a farm in Minnesota. In the early 1980s, Broin’s father began producing ethanol on the farm. In 1987, he mortgaged the farm to purchase an ethanol plant in Scotland, South Dakota, and put Jeff in charge of managing it. Jeff became the CEO of Broin Companies, and in 2007 renamed it to POET.

Who is the CEO of POET?

Jeff Broin, Founder and CEO of POET, is a recognized innovator, entrepreneur, agriculturalist, philanthropist, and advocate for the biofuels industry.

How many gallons can the POET refinery produce?

About POET The 29-year-old company has a production capacity in excess of 1.75 billion gallons of ethanol and 9 billion pounds of high-protein animal feed annually from its network of 28 production facilities.

What does poet company do?

POET is now the world’s largest producer of biofuels, with $8 billion in annual revenue. The family-owned company, now headquartered in Sioux Falls, South Dakota, operates 28 refineries in seven states and produces more than two billion gallons of biofuel annually. Broin and father Lowell Broin.

How much do poets make?

The salaries of Poets in the US range from $29,230 to $114,530 , with a median salary of $60,250 . The middle 60% of Poets makes $60,250, with the top 80% making $114,530.

Why did Flint Hills sell to POET?

“This acquisition will increase POET’s ability to bring even more high-quality, plant-based biofuels and bioproducts to the world—allowing us to have an even bigger impact on fighting climate change and cleaning our air,” said POET Founder and CEO Jeff Broin.

Who is the best poet in English?

Check out the list of top famous English poets of all time.

  • Shakespeare.
  • Rudyard Kipling.
  • Robert Burns.
  • Oscar Wilde.
  • John Milton.
  • John Keats.
  • Charlotte Bronte.
  • Charles Dickens.

Is poet publicly traded?

When did POET become a publicly traded Company? Shares of POET began trading on June 26, 2007 via RTO.

Is POET publicly traded?

What does POET company do?

Who bought Flint Hills?

POET
NEW YORK, June 1 (Reuters) – POET said on Tuesday it has acquired Flint Hills Resources’ entire ethanol business, highlighting the largest U.S. biofuels producer’s bet that conventional renewable fuels like corn-based ethanol will play a role in reducing carbon emissions.

How much is Flint Hills Resources worth?

Just $139.99 * Company Description: Flint Hills Resources, LLC is located in Wichita, KS, United States and is part of the Chemical and Allied Products Merchant Wholesalers Industry. Flint Hills Resources, LLC has 2,083 total employees across all of its locations and generates $4.94 billion in sales (USD).

What is the largest ethanol plant in the United States?

Poet Biorefining
Poet Biorefining is the largest ethanol producer in the United States. As of December 2021, the South Dakota-based company has an ethanol production capacity of 2.7 billion gallons per annum across 33 plants in the Midwest.

What state makes the most ethanol?

Iowa
Ethanol Facilities Nameplate Capacity and Operating Production Ranked by State

Rank State Nameplate Capacity (Million Gallons Per Year)
1 Iowa 4,183.0
2 Nebraska 2,281.0
3 Illinois 1,907.0
4 Minnesota 1,287.0