POET, Summit Carbon Solutions to partner for biofuel

POET and Summit Carbon Solutions have announced a new partnership connecting the world’s largest biofuel producer with the world’s largest carbon capture and storage project.

This collaboration will capture the value of the biogenic CO2 from the bioethanol production process.

The partnership expands the carbon opportunity across the Midwest by incorporating POET’s 12 facilities in Iowa and five facilities in South Dakota into the Summit project.

This addition will facilitate the capture, transportation and permanent storage of 4.7 million metric tons of CO2 annually from the 17 POET bioprocessing plants.