In Iowa, CNBC reports that POET has shifted ethanol production at two of its plants to hand sanitizer. It has closed three others and is running at 50% production capacity at several others which has forced it to lay off about 10% of its staff. The hand sanitizer conversion is an attempt to test the new market created by the COVID-19 pandemic to help offset severe demand destruction caused by stay at home orders around the country. The company’s CEO says the retrofitting costs are significant and requires taking ethanol to a bottling company, an additional link in the supply chain it hasn’t had to tackle before.
Category: Producer News
This articles was originally posted at: https://www.biofuelsdigest.com/bdigest/2020/05/07/poet-retrofitting-two-ethanol-plants-to-hand-sanitizer-production/ on