In California, Pacific Ethanol reports that it will commence production at its 50 Mgy corn ethanol plant in Stockton, remains committed to a demonstration scale cellulosic ethanol plant in Boardman, Oregon, and has secured an expended $40 million credit facility through Wachovia. The completion of the Stockton plant will complete the company’s plant to reach 220 Mgy in nameplate capacity this year, although management said that they will continue to look at expansion opportunities. The company said that it would continue to focus on corn as a feedstock, but could use molasses, wine, and fruit juice if prices make other feedstocks economically viable.
Entry Information
Related Stories
Pacific Ethanol ready for operations at 60 Mgy Idaho corn ethanol plantIn 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...
Pacific Ethanol launches 60 Mgy corn ethanol plant in CaliforniaIn California, Pacific Ethanol has commenced production at its 60 Mgy corn ethanol facility at Stockton. The plant will also produce 500,000 tons of wet distillers grains as livestock feed for the San...
BioFuel Energy arranges for $20 million line of credit for its 115 Mgy Buffalo Lake Energy plantIn Minnesota, BioFuel Energy gave a $20 million line of credit to its new 115 Mgy Buffalo Lake Energy plant in Fairmont. The line of credit coems as BioFuel reported that it had lost $39 million in he...
Pacific Ethanol officially debuts 60 Mgy Stockton corn ethanol plant, California’s largestIn 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...
California’s Hanford City Council set to vote on 63 Mgy ethanol plantIn California, the Hanford City Council is set to vote on a 63 Mgy corn ethanol plant proposed by Great Valley Ethanol. Opposition to the plant's construction has focused on noise and emission issues....
Pacific Ethanol delays reporting annual resultsIn 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 substantia...
