60 Mgy Pacific Ethanol plant in Idaho faces fines over “eye-watering” odor

In Idaho, the 60 Mgy Pacific Ethanol plant in Burley is facing daily fines from the local town council for zoning violations stemming from odors characterized in an AP story as “eye-watering”. The company is working to investigate and remediate. The $120 million project opened in April.

Pacific Ethanol background

Raymond James analyst Pavel Molchanov released a report on Pacific Ethanol’s capital raising activities in the face of a liquidity challenges brought on by construction cost overruns and increasing costs for corn feedstock. Molchanov said that the company could be expected to use $5.75 million raised from management and insiders to alleviate working capital needs, while a $28.5 million private placement would likely be used with $83 million remaining in its construction loans to complete construction of its Stockton, CA corn ethanol plant.

Earlier this month, Pacific Ethanol reported that first quarter ethanol sales were up 63 percent to $161 million, year over year, and the company earned 6 cents per share compared to analyst expectations of a 9 cent loss. Ethanol sales were up 57 percent to 37.5 million gallons. The news sent shares of other ethanol companies up as much as 41 percent.

In Idaho, Pacific Ethanol recently commenced production at its 60 Mgy corn ethanol plant in Burley. The plant will use 21 million bushels of corn, and the company hopes to
supply the entire ethanol demand for Idaho from the plant, as well as
up to 500,000 tons of distillers grains for livestock feed.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Idaho Ethanol Processing to invest up to $6 million to develop power from potato methane

In Idaho, Idaho Ethanol Processing said that it will spend up to $6 million in the next year to improve the energy use at the plant, which uses potato waste, unusable wines and juices, molasses, and b...

Ontario’s Amaizeingly Green ethanol plant to restart after month-long odor, noise related shutdown

In Canada, the Amaizeingly Green ethanol plant in Ontario said that it would restart production after investing $650,000 in noise and odor control products that it said would amend problems that had l...

Pacific Ethanol ready for operations at 60 Mgy Idaho corn ethanol plant

In Idaho, Pacific Ethanol is nearing launch of its 60 Mgy corn ethanol plant in Burley. The company hopes to supply the entire ethanol demand for Idaho from the plant, as well as  up to 500,000 ton...

Idaho Energy Future published by state: wood, biodiesel, cellulsoic ethanol, waste-to-energy, biogas, and ethanol in focus

The state of Idaho released a detailed assessment titled "Idaho Energy Future", and identified numerous bio-energy opportunities for economic development. The report concluded that "Wood is a key o...

Pacific Ethanol commences production at 60 Mgy corn ethanol plant in Idaho

In Idaho, Pacific Ethanol commenced production at its 60 Mgy corn ethanol plant in Burley. The plant will use 21 million bushels of corn, and the company hopes to supply the entire ethanol demand for ...

Pacific Ethanol shuts down production at 60 Mgy corn ethanol plant in Idaho

In Idaho, Pacific Ethanol announced that it will temporarily shut down production at its $120 million, 60 Mgy corn ethanol plant in Burley, citing economic conditions. Local officials in Burley said t...