Royal DSM exec to oversee Poet-DSM cellulosic ethanol venture
March 13, 2013 in The Daily Republic
EMMETSBURG, Iowa (AP) An executive with a Netherlands-based biotechnology company has been asked to lead a joint venture that is building a new type of ethanol plant in northern Iowa.
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DES MOINES, Iowa After decades of talk, the ethanol industry is building multimillion dollar refineries in several states that will use corn plant residue, wood scraps and even garbage to produce the fuel additive.
SIOUX FALLS (AP) Sioux Falls-based Poet LLC says it will decline a $105 million federal loan guarantee for a cellulosic ethanol plant in Iowa and instead launch a joint venture with a Dutch firm. 
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