<div id="subtitle">Poet says it has reduced cellulosic ethanol production costs to $2.35 per gallon</div><div><p>Poet LLC, the nation's top ethanol producer, says it is has reduced its cellulosic ethanol production cost during the past year from $4.13 per gallon to $2.35 per gallon.</p><p>The Sioux Falls-based company plans to produce 25 million gallons of ethanol each year from plant waste typically left behind in farmers' fields at its corn ethanol plant in Emmetsburg, Iowa.</p><p>A pilot-scale plant in Scotland, S.D., has produced about 20,000 gallons of cellulosic ethanol since it began operations a year ago Wednesday.</p><p>Privately held Poet says it has reached the cost savings by reducing energy usage, enzyme costs, raw material requirements and capital expenses.</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=63677787&bid=informcom" /></div><div id="copyright"><div>

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