Tag: Pacific Ethanol

Pacific Ethanol becomes first commercial ethanol plant to install solar power

Pacific Ethanol becomes first commercial ethanol plant to install solar power

August 8, 2018 |

In California, Pacific Ethanol, Inc. announced the completion of a 5-megawatt solar power system at its 40 million gallon capacity per year ethanol plant in Madera, California. The system is online and generating power. Initial operations are at 3.5 megawatts and will increase to 5 megawatts upon completion of PG&E upgrades to the adjacent substation, […]

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Airgas to co-located liquid CO2 plant at Pacific Ethanol’s Stockton facility

Airgas to co-located liquid CO2 plant at Pacific Ethanol’s Stockton facility

March 7, 2018 |

In Pennsylvania, Airgas USA, LLC, an Air Liquide company, announced plans to increase its presence in California with the construction of a new liquid carbon dioxide (CO2) production facility in Stockton, CA. The new facility in Stockton, CA will produce liquid CO2 and support the manufacturing of dry ice used in a variety of customer […]

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Fuels America leaders say “thank you, President Trump” for RFS support

Fuels America leaders say “thank you, President Trump” for RFS support

November 10, 2017 |

In Washington, a coalition of the nation’s leaders in advanced and cellulosic biofuels thanked President Trump for his commitment to the RFS, which “has attracted billions of dollars of investment in first-of-a-kind technologies in the advanced and cellulosic biofuels industry.” They also express concerns about the EPA’s July proposal to reduce White House-approved growth in […]

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The west’s pure-play ethanol kings: The Digest’s 2017 Multi-Slide Guide to Pacific Ethanol

The west’s pure-play ethanol kings: The Digest’s 2017 Multi-Slide Guide to Pacific Ethanol

September 28, 2017 |

Pacific Ethanol was founded in 2003 as the first pure-play ethanol company and today is a leading producer and marketer of low-carbon renewable fuels with 9 strategically located bio-refineries in the U.S., production capacity of 605M gallons/yr., a current run rate of 1B gallons/yr. of marketing volume, and co-product production capacity of over 1.5M tons/yr. (on a […]

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Pacific Ethanol to add on cellulosic production at its Idaho plant

Pacific Ethanol to add on cellulosic production at its Idaho plant

August 7, 2017 |

In Idaho, Pacific Ethanol plans to install cellulosic ethanol bolt-on technology at its Magic Valley ethanol plant as it has done at two of its California facilities. EPA approval for cellulosic D3 RIN production is expected by the end of the year. Cellulosic production at the Madera, California plant is also expected to be online […]

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Pacific Ethanol buys ICP for $76M, diversifies into beverage alcohols

Pacific Ethanol buys ICP for $76M, diversifies into beverage alcohols

June 28, 2017 |

In California, Pacific Ethanol will acquire Illinois Corn Processing, LLC (ICP) from SEACOR Holdings and MGPI Processing for $76 million, which includes $15 million in working capital. adding 90 million gallons in capacity adjacent to the company’s Pekin, IL plant. The plant can produce gin/vodka, ethanol as well as proteins The acquisition will be funded […]

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Pacific Ethanol and Edeniq announce agreement to install Pathway and Cellunator in Madera

Pacific Ethanol and Edeniq announce agreement to install Pathway and Cellunator in Madera

February 16, 2017 |

In California, Pacific Ethanol and Edeniq announced they have entered into a technology licensing and purchase agreement to enable the production of cellulosic ethanol at Pacific Ethanol’s Madera, California plant using Edeniq’s Pathway and Cellunator™ Technologies. The Madera plant has a total annual production capacity of 40 million gallons, and is expected to produce up […]

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Pacific Ethanol, ACECo form JV as PEIX strengthens balance sheet

Pacific Ethanol, ACECo form JV as PEIX strengthens balance sheet

December 18, 2016 |

In California, Pacific Ethanol announced agreements to refinance its term debt that was due in September and solidify its relationship with Aurora Cooperative Elevator Company (ACE) at its Aurora plants. Pacific Ethanol entered into an agreement to refinance its $155.1mn in principal term debt, due September 2017. The refinancing will reduce total debt outstanding by […]

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Pacific Ethanol refinances $155.1 million in principal term debt

Pacific Ethanol refinances $155.1 million in principal term debt

December 12, 2016 |

In California, Pacific Ethanol is refinancing its $155.1 million principal term debt, due in September 2017, and expanding its business through the following transactions: • Pacific Ethanol will obtain a new five-year term amortizing loan from CoBank and First Farm Credit in the amount of $64.0 million and a revolving line of credit of $32.0 […]

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Pacific Ethanol EBITDA quadruples for Q3: “best production margins of the year,” says CEO

Pacific Ethanol EBITDA quadruples for Q3: “best production margins of the year,” says CEO

November 6, 2016 |

In California, Pacific Ethanol reported Q3 EBITDA of $9.3M, up from $2.4M in Q3 2015, as sales jumped 10% to $417.8 million and CEO Neil Kophler hailed near “the best production margins of the year from strong ethanol demand and low corn input costs aided by a record corn crop.” Koehler added: “During the third […]

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