According to Ethanol Producer Magazine, POET received approval that will allow it to proceed with the development of an 80MMgy ethanol plant approximately 5 miles northwest of Shelbyville.
“Poet is thankful for the community leaders who worked to move this state-of-the-art biofuels facility forward,” said Buck Yerdon, POET Commercial Development. “This project is a big economic win for not only Shelbyville but the entire area. It creates new jobs, injects $200 million dollars into the local economy each year, and allows local farmers and residents to take part in the national effort to grow our use of clean biofuels.
“Our 28 biofuel facilities are all active members of their local business communities,” Yerdon continued. “We strive to be good neighbors and help our communities grow and thrive. We know we could do that here as well, and we’re excited to be able to take the next step towards making Poet Biorefining – Shelbyville a reality. Poet will make a future announcement related to this project as developments warrant.”
Source: Ethanol Producer Magazine