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 [...]