POET-DSM Advanced Biofuels has hired Michael Nealon as the new Corporate Controller.
Nealon is responsible for planning, organizing, directing, and controlling the consolidated accounting and financial reporting function for POET-DSM Advanced Biofuels, LLC. The joint venture, created by POET and DSM, is constructing a 20 million-gallon-per-year cellulosic ethanol plant, ramping up to 25 million gallons per year, near Emmetsburg, IA. The joint venture continues to grow heading into commercialization and is now working to license an integrated technology package to other ethanol producers.
“I have worked in the ethanol industry for more than a decade, and I’ve seen it change so much in that time,” Nealon said. “It’s exciting to be part of an organization that’s doing revolutionary work to expand the available feedstocks for fuel.”
Nealon joins POET-DSM after more than 11 years at Glacial Lakes Corn Processors, where he first worked as Controller and, most recently, Finance Manager. There he established the company’s accounting system and procedures. Nealon’s work experience also includes accounting and finance positions in the real estate, credit card and gaming industries.
Nealon is based in Sioux Falls, SD. He can be reached at (605) 275-2079 or email@example.com.
About POET-DSM Advanced Biofuels, LLC
POET-DSM Advanced Biofuels, LLC, is a 50/50 joint venture between Royal DSM and POET, LLC. Based in Sioux Falls, South Dakota, the company is a cooperative effort of two innovators that provides a key to unlocking the opportunity of converting corn crop residue into cellulosic bio-ethanol. Built on the strengths of both companies, the joint venture has a critical mission: to make cellulosic bio-ethanol competitive with corn bio-ethanol, the most competitive renewable liquid transportation fuel on the US market today. Drawing on the deep expertise and experience of POET and DSM in different areas of converting cellulosic biomass into bio-ethanol, POET-DSM Advanced Biofuels will have its first commercial-scale plant co-located with POET Biorefining – Emmetsburg in Emmetsburg, Iowa. Based on this plant, the JV plans to globally license an integrated technology package for the conversion of corn crop residue to cellulosic bio-ethanol. More information: www.poetdsm.com