Pacific Ethanol Inc.

Pacific Ethanol Inc. , a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, today announced that it is expanding its production capacity of USP grade high quality alcohol at its Pekin, Illinois facility by 30 million gallons per year. The new capacity will be online in the fourth [...]

Pacific Ethanol announced its increased focus on high-quality alcohol production and its leadership succession plan. The Board of Directors has appointed current COO, Mike Kandris, as Co-President and Co-CEO. Neil Koehler will retire as CEO and President on September 30, 2020 and will be working closely with Mr. Kandris during the transition [...]

Pacific Ethanol Inc. , a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, reported its financial results for the three months ended March 31, 2020. “We are encouraged by recent positive trends in the fuel market, which we expect will accelerate as states begin to relax stay at home [...]

Pacific Ethanol Inc. , a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, announced it will release its first quarter 2020 financial results after the close of market on Tuesday, May 12, 2020. Management will host a conference call at 8:00 a.m. Pacific Time / 11:00 a.m. Eastern Time [...]

Pacific Ethanol Inc. , a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, announced today it has closed on its agreement to sell its 74% ownership interest in Pacific Aurora, LLC to Aurora Cooperative Elevator Company for a total valuation of $52.8 million. After working capital [...]

Pacific Ethanol Inc. , a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, reported its financial results for the three and twelve months ended December 31, 2019. Highlights On track to close the sale of the company’s interest in Pacific Aurora, LLC to Aurora Cooperative Elevator [...]

Pacific Ethanol Inc. , a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, announced it will release its fourth quarter 2019 financial results after the close of market on Thursday, March 26, 2020. Management will host a conference call at 8:00 a.m. Pacific Time / 11:00 a.m. Eastern [...]

Pacific Ethanol Inc. , a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, announced today it has signed a definitive agreement to sell its 74% ownership interest in Pacific Aurora, LLC to the Aurora Cooperative Elevator Company for $52.8 million of consideration, subject to certain [...]

Senior Secured Notes maturity extended two years to December 15, 2021 Scheduled principal payments on Senior Secured Notes and Pekin Term Loan deferred until September 2020 Existing financial covenants waived on Pekin and ICP credit facilities Entered into non-binding letters of intent to sell certain assets SACRAMENTO, Calif., Dec. 23, 2019 [...]

Pacific Ethanol Inc. , a leading producer and marketer of low-carbon renewable fuels and high-quality alcohol products in the United States, reported it has reached agreements in principle for long-term amendments with its lenders and has secured short-term extensions to allow time for the Company, its senior secured lenders and Pacific Ethanol [...]