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Worlds Largest Ethanol Producer Opens Plant in Indiana

The largest ethanol producer in the world held a grand opening ceremony Tuesday at its new refining facility in Cloverdale.

  • Factory

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    Photo: Alex Roy

    The Cloverdale facility will consume 31 million bushels of corn annually

  • Main Factory

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    Photo: Alex Roy/WFIU News

    As a bi-product the facility will produce nearly 250,000 tons of distiller grain livestock feed.

  • Distiller

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    Photo: Alex Roy

    POET purchased the Cloverdale facility from Altra Biofuels in 2010

  • Storage

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    Photo: Bill Shaw

    Ethanol storage tanks

  • Storage tanks

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    Photo: Bill Shaw

    One storage tank contains gasoline which is added to the almost 200 proof ethanol to make the product toxic to humans.

  • Main entrance

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    Photo: Bill Shaw

    POET's Cloverdale facility is the companies second largest

It took three years and 30-million dollars for POET Bio-refining to upgrade a Cloverdale facility originally built by Altra Biofuels.  It’s POET’s 4th ethanol plant in Indiana, and the 13th for the state overall.

A Monday ribbon-cutting ceremony was attended by more than 1,500 local farmers and industry partners and featured speeches from Indiana Lieutenant Governor Becky Skillman and POET CEO Jeff Broin. Skillman said ethanol production is only logical for the nations 5th largest corn producer.

“In total, the ethanol and bio-diesel plants, 13 ethanol, 4 bio-diesel plants in our state, they have put more than 30 million dollars in our local farmers pockets and they have invested more than 2 billion dollars in private capital expenses in our state,” Skillman said.

The plant will produce nearly 90 million gallons of ethanol per year – about nine percent of the state’s yearly total of one billion gallons. POET CEO Jeff Broin said ethanol will help reduce dependency on foreign oil, while giving America an economic boost.

“In a time when the migration of young people to metro areas threatens the small town way of life, in places like Putnum County, ethanol has provided rural America with nearly half a million new jobs. It has also boosted farmers incomes, which has helped lower government farm subsidies by more than 8 billion dollars,” Broin said.

The Cloverdale plant will consume 31 million bushels of yellow corn every year and employ nearly 40 people. POET hopes to have the plant up and running by the end of this week.

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