Pacific Ethanol Inc. , a leading producer of specialty alcohols and essential ingredients, has changed its corporate name to Alto Ingredients, Inc., effective January 12, 2021. The company’s name change will be reflected on The Nasdaq Stock Market on January 14, 2021, and the company’s stock will begin trading under a new ticker symbol, ALTO [...]
Pacific Ethanol Inc. , a leading producer of specialty alcohols and essential ingredients, announced an amendment to the terms of its credit agreements with CoBank, ACB . The Company, with its borrower subsidiaries, Pacific Ethanol Pekin, LLC and Illinois Corn Processing, LLC paid $24.9 million in connection with the amendments, repaying all term [...]
Pacific Ethanol Inc. , a leading producer of specialty alcohols and essential ingredients, announced the closing of its agreement with Liberty Basin, LLC to sell 134 acres, rail loop and grain handling assets at its Pacific Ethanol Magic Valley plant in Burley, Idaho for $10 million in cash. Pacific Ethanol is retaining the ethanol plant and [...]
Net income of $14.9 million and Adjusted EBITDA of $34.1 million Adjusted EBITDA for the second half of 2020 expected to be in the range of $50 to $70 million Total debt reduced by $29.3 million during the quarter SACRAMENTO, Calif., Nov. 09, 2020 -- Pacific Ethanol Inc. , a leading producer of specialty alcohols and essential ingredients, reported [...]
Pacific Ethanol Inc. , a leading producer of specialty alcohols and essential ingredients, announced that it has entered into an agreement with Liberty Basin, LLC to sell 134 acres, rail loop and grain handling assets at its Pacific Ethanol Magic Valley plant in Burley, Idaho for $10 million in cash. Pacific Ethanol will retain the ethanol [...]
Pacific Ethanol Inc. , a leading producer of specialty alcohols and essential ingredients, announced that management expects to participate in the following virtual investor events in November. Stifel 2020 Virtual Midwest One-on-One Growth Conference, November 12, 2020 11th Annual Craig-Hallum Alpha Select Conference, November 17, 2020 Presentation [...]
Pacific Ethanol Inc. , a leading producer of specialty alcohols and essential ingredients, announced it will release its third quarter 2020 financial results after the close of market on Monday, November 9, 2020. Management will host a conference call at 8:00 a.m. Pacific Time / 11:00 a.m. Eastern Time on Tuesday, November 10, 2020, and will [...]
Pacific Ethanol Inc. , a leading producer of specialty alcohols and essential ingredients, today announced the closing of its previously announced underwritten public offering of common stock and pre-funded warrants and concurrent private offering of warrants, for total gross proceeds of approximately $75.0 million. The company closed an [...]
Pacific Ethanol Inc. today announced the company’s strategic realignment to focus on specialty alcohols and essential ingredients as well as its intent to change its corporate name. The company also announced the pricing of a $75 million equity offering and released certain preliminary results for the three months ended September 30, 2020. “Our [...]
Pacific Ethanol Inc. , a leading producer and marketer of high quality alcohol products and low-carbon renewable fuels in the United States, announced it will present at the H.C. Wainwright 22nd Annual Global Investment Conference. The event is being held virtually on September 14-16, 2020. Management is scheduled to present on Monday, September [...]
Net income of $14.6 million and Adjusted EBITDA of $28.8 million Adjusted EBITDA for the second half of 2020 expected to be in the range of $50 to $70 million Total debt reduced by $34.4 million during the quarter SACRAMENTO, Calif., Aug. 11, 2020 -- Pacific Ethanol Inc. , a leading producer and marketer of high quality alcohol products and [...]
Pacific Ethanol Inc. , a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, announced it received a letter from The NASDAQ Stock Market on August 6, 2020, which contained a NASDAQ compliance determination that the Company has regained compliance with NASDAQ Listing Rule 5550, which [...]