President Joseph R. Biden Presents Remarks On Lowering Energy Cost
From the White House:
Background on POET:
POET is the largest producer of first-generation (corn) ethanol in the country. The POET biofuels facility in Menlo, IA was acquired by POET on June 1, 2021. This state-of-the-art bioethanol production facility produces 150 million gallons of bioethanol annually and is one of six facilities recently acquired, bringing POET’s annual production capacity to 3 billion gallons of bioethanol (total US annual production is ~15 billion gallons).
POET is headquartered in Sioux Falls, South Dakota, with 33 bioprocessing facilities across eight states and more than 2,200 team members. POET focuses on producing plant-based alternatives to petrochemicals, like Dakota Gold and NexPro distiller grains, Voila corn oil, renewable biofuel, biogenic CO2 and dry ice, purified alcohol, and JIVE asphalt rejuvenator. They have committed to net zero bioprocessing facilities by 2050.
POET has a long history of research and development partnership with DOE and the National Labs, with 5 funded projects from 2003 to present, headlined by a decade-long project for an integrated cellulosic biorefinery (Project LIBERTY in Emmetsburg, Iowa) to produce ethanol from corn stover (the stalks and leaves leftover from harvesting). DOE has invested more than $100 million in the project and, while this project experienced challenges and delays, it represents a major step forward for the cellulosic ethanol industry. The facility began production in 2016 and by 2017 it had reached production efficiency goals.
PRESIDENT JOSEPH ROBINETTE Biden, Jr. ~ TUESDAY, APRIL 12, 2022
Then, President Biden will travel to Menlo, Iowa. President Biden departs from the White House en route to Joint Base Andrews at 11:15 AM. Then, at 11:45 AM President Biden departs from Joint Base Andrews en route to Des Moines International Airport.
At 1:05 PM CDT, President Biden arrives in Des Moines, Iowa at Des Moines International Airport.
In the afternoon at 2:15 PM, President Biden will visit Menlo POET Bioprocessing in Menlo, Iowa for a tour.
After the tour, President Biden will make an announcement at Menlo POET Bioprocessing at 3:45 PM CDT.
Later, President Biden will return to the White House from Menlo, Iowa. President Biden departs from Des Moines International Airport en route to Joint Base Andrews in Maryland at at 5:10 PM CDT.
At 8:10 PM, President Biden arrives at Joint Base Andrews in Maryland. At 8:40 PM, President Biden is scheduled to arrive at the White House in Washington, DC, U.S.A..
VICE PRESIDENT KAMALA DEVI HARRIS ~ TUESDAY, APRIL 12, 2022
At 5:00 PM ET, Vice President Harris will present remarks to highlight the Biden-Harris Administration’s historic commitment to worker organizing and empowerment. Secretary of Labor Marty Walsh will also present remarks. These remarks will be presented at the Sheet Metal Workers Local 19 Training Center in Philadelphia, Pennsylvania.
At 6:00 PM ET, Vice President Harris will depart Philadelphia, Pennsylvania en route Washington, DC. Vice President Harris departs from Philadelphia International Airport and arrives at Joint Base Andrews in Maryland.
BRIEFING SCHEDULE ~ TUESDAY, APRIL 12, 2022
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