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Poet ethanol plants to consolidate jobs in Iowa

The owner of the company blames the Trump administration for allowing some refineries to not blend ethanol with gasoline as required under federal law.

Ethanol production
Ethanol production
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Poet ethanol plants to consolidate jobs in Iowa

The owner of the company blames the Trump administration for allowing some refineries to not blend ethanol with gasoline as required under federal law.

Jobs may be cut in Iowa due to a company shutting down production.The owner of a western Indiana ethanol plant is blaming its shut down on the Trump administration allowing some refineries to not blend ethanol with gasoline as required under federal law.South Dakota-based ethanol producer Poet says production is being cut at half of its 28 plants where corn is processed into ethanol. Poet says it's consolidating jobs at plants in Iowa, Ohio, Michigan, Indiana, Minnesota, South Dakota and Missouri.The company says it will cease production by mid-October at its Cloverdale plant, one of four it operates in Indiana. A company notification says 50 workers will lose jobs from the closure.The Environmental Protection Agency has issued gasoline refinery exemptions removing 2.6 billion gallons (9.8 billion liters) of ethanol from production.Poet calls those exemptions "bailouts to oil companies."

Jobs may be cut in Iowa due to a company shutting down production.

The owner of a western Indiana ethanol plant is blaming its shut down on the Trump administration allowing some refineries to not blend ethanol with gasoline as required under federal law.

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South Dakota-based ethanol producer Poet says production is being cut at half of its 28 plants where corn is processed into ethanol. Poet says it's consolidating jobs at plants in Iowa, Ohio, Michigan, Indiana, Minnesota, South Dakota and Missouri.

The company says it will cease production by mid-October at its Cloverdale plant, one of four it operates in Indiana. A company notification says 50 workers will lose jobs from the closure.

The Environmental Protection Agency has issued gasoline refinery exemptions removing 2.6 billion gallons (9.8 billion liters) of ethanol from production.

Poet calls those exemptions "bailouts to oil companies."