Ethanol maker switches to hand sanitizer

Ethanol maker switches to hand sanitizer

CREATIVE.

AS PART OF THEREBOUND-GREEN COUNTRY...WE'RE SHOWING SOME OF THOSECREATIVE WAYS TO MAKE ENDSMEET.

TWO WORK'S FOR YOU'SCORI DUKE... SHOWS US HOWTHE FUEL COULD BE THE ANSWERFOR THIS STRUGGLINGINDUSTRY.TRAFFIC'S BEEN LIGHT, ANDGAS PRICES WAY DOWN... ANDWHERE GAS GOES, ETHANOLFOLLOWS, SINCE IT MAKES UP10PERCENT OF THE FUEL IN YOURTANK.

ETHANOL PRODUCTIONCOLLAPSED IN HALF..

DOWN TOPRICES THAT ARE NOWUNPROFITABLE.

SO IMAGINEBEING THE GUY WHO CREATED ACOMPANY CALLED POET?) " poet is the largestproducer of biofuels in theworld.

We produce about twobillion gallons of ethanolper year that goes intogasoline." JEFF BROIN RUNSPOET, BASED IN SIOUX FALLS,SOUTH DAKOTA, WITH 27ETHANOL PLANTS ACROSS THECOUNTRY.

WITH ETHANOLPRICES DOWN ABOUT 25PERCENT... THREE OF POET'SPLANTS ARE NOW CLOSED..

AND10 PERCENT OF THEIRWORKFORCE LAID OFF.

THEPLANTS THAT ARE RUNNINGPRODUCE MUCH LESS PRODUCT.EXCEPT HERE...WHERE POET HASSTARTED MAKING HANDSANITIZER.

()" we have two plants thatcan produce today we areworking on several others,it won't be 100% of thestream coming out of thatfacility, but we're workingon several others right now,so as quickly as we canwe'll be trying to producemore and more handsanitizer." POET HAS TOFURTHER REFINE THE ALCOHOLAND MIX IT WITH OTHERINGREDIENTS TO MAKEPHARMACEUTICAL GRADESANITIZER..

THEN BOTTLE IT.ALL NEW PROCEDURES FOR THECOMPANY.

IT'S GIVING AWAYSOME OF THE HAND SANITIZERTO FRONT LINE HEALTHCAREWORKERS..

BUT ITS SELLINGTHE REST."you know i think handsanitizer market willincrease nationwide andworldwide.

I think it's anopportunity to grow intothis business, you know,it's going to be perhapsthree four five percent ofwhat we produce in thefuture as an industry whereit was very low in the past.So I do see it growing."AN UNEXPECTED OPPORTUNITY...BORN OUT OF A PANDEMIC.

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