SIOUX FALLS, S.D. (January 29, 2024) – Regarding today’s announcement of POET partnering with Summit Carbon Solutions to add 17 of POET’s facilities to the Summit pipeline, the South Dakota Ethanol Producers Association Board President Walt Wendland released the following statement:

“This latest announcement from POET and Summit solidifies the overwhelming commitment from the bioethanol industry in South Dakota that carbon capture is a critical component to advancing the opportunity agriculture and bioethanol have in securing our future. As 95 percent of bioethanol-producing facilities in the state have signed onto the pipeline, there is no doubt as to the importance of this project for the state, region, and nation. Carbon capture will help us even better secure financial benefits for farmers, provide new markets for grain, increase our nation’s energy independence for our country, and continue to provide affordable bioethanol for all consumers.”