New York, NY, - April 20, 2012 – (Investorideas.com renewable energy/green newswire) Investorideas.com, a leader in renewable energy sector research for independent investors, issues a trading alert for Pacific Ethanol, Inc. (Nasdaq: PEIX) trading at $1.0199 , up 0.1691(19.88%) as of 2:39PM EDT on over 6.3Million shares . The stock has traded as high as $1.09 in today’s session and has a 52-week high of $3.71.
Pacific Ethanol, Inc. (NASDAQ: PEIX) is the leading marketer and producer of low-carbon renewable fuels in the Western United States.
Pacific Ethanol also sells co-products, including wet distillers grain
(WDG), a nutritional animal feed. Serving integrated oil companies and
gasoline marketers who blend ethanol into gasoline, Pacific Ethanol
provides transportation, storage and delivery of ethanol through
third-party service providers in the Western United States, primarily in
California, Nevada, Arizona, Oregon, Colorado, Idaho and Washington.
Pacific Ethanol has a 34% ownership interest in New PE Holdco LLC, the
owner of four ethanol production facilities. Pacific Ethanol operates
and manages the four ethanol production facilities, which have a
combined annual production capacity of 200 million gallons. The
facilities in operation are located in Boardman, Oregon, Burley, Idaho and Stockton, California, and one idled facility is located in Madera, California. The facilities are near their respective fuel
and feed customers, offering significant timing, transportation cost
and logistical advantages. Pacific Ethanol’s subsidiary, Kinergy
Marketing LLC, markets ethanol from Pacific Ethanol’s managed plantsand
from other third-party production facilities, and another subsidiary,
Pacific Ag. Products, LLC, markets WDG. www.pacificethanol.net
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