Ethanol Giant Poet Invests in Logistics

POET, the world’s largest producer of biofuels and a leading producer of bioproducts, announced that it has signed a purchase agreement with Savannah Marine Terminal (SMT) to acquire its rail-to-container transload facility in Savannah, Georgia.

The acquisition will include all equipment and real estate to operate the grain transload facility. The Port of Savannah, one of the highest volume container ports in the U.S., has geographic synergy with several of POET’s key global markets for its animal feed products, including Dakota Gold dried distillers grains and its corn fermented protein product, NexPRO.

The facility will also strengthen POET’s shipping process, ensuring even greater traceability and transparency for its customers, who have already come to expect nothing less than the best in food safety and quality.

In addition to producing 3 billion gallons of bioethanol, 14 billion pounds of distillers grains, and 975 million pounds of corn oil per year, POET is currently the 36th-largest container shipper, exporting to more than 20 countries around the world — and growing.