fuels from corn.
5711 N. West Avenue
Fresno, CA 93711
CEO: Neil Koehler
Stock Symbol: PEIX
Pacific Ethanol is developing and selling alternative fuels and
their byproducts. The company's fuel business is currently focused
on corn-derived ethanol, which can be used as either a fuel additive,
a fuel itself, a component of hydrogen fuel cells, or as a component
in livestock feed.
Established in 2003, Pacific Ethanol is
constructing its first large scale ethanol production facility
in Madera County, CA, and is developing four additional plants
on the West Coast. Kinergy Marketing, LLC, a wholly owned subsidiary
of Pacific Ethanol, is the largest West Coast based marketer
of ethanol. In addition, Pacific Ethanol is working to identify
and develop other renewable fuel technologies such as cellulose-based
ethanol production and bio-diesel.
The company's ethanol will be produced
by fermenting a corn/water mash. The ethanol is separated, distilled,
dehydrated, and blended with gasoline as a denaturant. Most of
the ethanol produced by PEI will be sold as a fuel additive to
improve the air quality characteristics of gasoline.
Ethanol has announced plans to construct
and operate five ethanol plants in the Western United States
by the end of 2008 with an expected combined installed annual
ethanol capacity of at least 200 million gallons.
The company announced an $84 million investment
from Cascade Investment LLC, a venture firm backed by Microsoft
co-founder Bill Gates.
Updated April 24, 2006