POET-DSM Advanced Biofuels is hitting the pause button on production of cellulosic biofuels at Project LIBERTY and shifting instead to “R&D focused on improving operational efficiency,” according to the company which is a joint venture of Royal DSM and POET, LLC.
POET-DSM is blaming the shift on “EPA challenges with the implementation of the Renewable Fuel Standard (RFS).”
POET’s Senior Vice President of External Affairs and Communications, Kyle Gilley, and President DSM North America Hugh Welsh participated in a conference call with reporters Tuesday to discuss the action.
POET-DSM Advanced Biofuels press call (12:53)