Pacific Ethanol delays reporting annual results

March 11, 2008

In California, Pacific Ethanol said that it would delay reporting of its annual results, and will now file on March 31, 2008.

Despite a tumbling stock price, Pacific Ethanol celebrated a substantial award earlier this year from the Department of Energy. The company receivedÂ received $24.32 million for a 2.7 Mgy plant that will produce cellulosic ethanol from a process developed by BioGasol. BioGasol has partnered with the Joint BioEnergy Institute of California on the project. JBEI will provide enzyme technologies.

Bill Gates to unload 21 percent stake in Pacific Ethanol; shares plummet 22 percent

An investment company owned by Bill Gates, Cascade Investments, will file to convert its preferred shares in Pacific Ethanol to common stock and register a potential sale. Cascade owns 21 percent o...

Pacific Ethanol officially debuts 60 Mgy Stockton corn ethanol plant, California’s largest

In California, Pacific Ethanol officially commenced operations at its 60 Mgy corn ethanol plant in Stockton. Congressman Jerry McNerney and California Agriculture Secretary A.G. Kawamura were among th...

Global ethanol market value to grow 14.7 per year for next 8 years, report says; China, India to grow less than 3 percent annually

RNCOS has released its Asia Pacific Biofuel Market Forecast, and projected that the global ethanol business would achieve a 14.7 percent compound annual growth rate in market value between 2006 and 20...

Czech biofuels mandate postponed, legislative delays cited

In the Czech Republic, the mandatory blending of biofuels, scheduled for January 1,will be delayed because the controlling legislation on air emissions has not yet been passed by the national legislat...

Biofuels Stock and Financial Outlook for October 17: Stock futures up on corporate earnings; oil hits record; biofuels flat

Stock futures were up this morning as strong corporate earnings results started pouring in, and major indices were up 0.3 to 0.8 percent in overnight trading. Nasdaq led the way on the particularly go...

Kreido Biofuels hangs up towel on 100 Mgy North Carolina biodiesel project, citing financing woes

In North Carolina, Kreido Biofuels announced that they were suspending work on a 100 Mgy biodiesel plant in Wilmington due to financing conditions. The company announced that it "will scale back its o...

Written by Jim Lane · Filed Under Producer News