Biofuels producer POET Biorefining plans to build a new biofuel facility in Shelbyville, Ind.
The planned 80-million-gallon-per-year plant will cost nearly $160 million and is expected to be completed in spring of 2020.
POET Biorefining – Shelbyville will add 45 full time jobs and $110 million in annual corn purchases for farmers in the area, primarily within a 30-mile radius.
The new plant includes POET’s state-of-the-art environmental controls and production processes. Those include features such as the proprietary Total Water Recovery, which eliminates process water discharge from the plant, and POET’s patented BPX process, which lowers energy use and increases yield, making this state-of-the-art plant even more efficient.
More than 275 temporary jobs will be created during construction.