Pacific Ethanol Suspends Production At California Plant
Pacific Ethanol, the largest US West Coast-based producer of ethanol, said it is suspending production at it's 40 million gallon plant in Madera, California.
"Extended unfavourable market conditions for producing ethanol have prompted Pacific Ethanol to suspend operations beginning Jan. 12," the company said in a news release Friday. "The company, through its wholly-owned ethanol marketing arm, Kinergy Marketing, intends to continue serving its ethanol customers with production from other Pacific Ethanol plants and Kinergy suppliers," it added.
"Extended unfavourable market conditions for producing ethanol have prompted Pacific Ethanol to suspend operations beginning Jan. 12," the company said in a news release Friday. "The company, through its wholly-owned ethanol marketing arm, Kinergy Marketing, intends to continue serving its ethanol customers with production from other Pacific Ethanol plants and Kinergy suppliers," it added.
