California’s largest ethanol plant up and running
Production has begun at the largest ethanol plant in California, Pacific Ethanol's facility at the Port of Stockton, which is projected to produce 60 million gallons per year. Neil Koehler, president and CEO of publicly traded Pacific Ethanol, says starting up the Stockton plant puts the company on track to produce 220 million gallons of ethanol annually, and dramatically increases the availability of renewable fuels produced in the state of California.
In addition to ethanol, the plant will annually produce 500,000 tonnes of wet distiller's grains, a waste product of the ethanol manufacturing process that is used as a high-protein feed product for dairies.
Construction of the plant generated 200 construction and service-related jobs and represented a boost to the economy of from $200 million (146 million Euro's) to $250 million.
Pacific Ethanol received $642,000 in energy efficiency rebates from Pacific Gas and Electric Co. for the use of energy-efficient technologies in the building of the plant. The company estimates an annual energy cost savings of approximately $1.3 million with a reduction in greenhouse gases of 771 tonnes.
Pacific Ethanol completed the Port of Stockton facility while it was forced by financial pressure to suspend construction on a plant in the Imperial Valley. Pacific Ethanol shares closed on the Nasdaq Stock Market at $1.07 on Monday, up 12 cents.
Pacific Ethanol also has ethanol plants in Madera; Boardman, Ore.; and Burley, Idaho. It owns a 42% interest in Front Range Energy, LLC, which owns an ethanol plant in Windsor, Colo.
Its chairman is Bill Jones, the former Republican California secretary of state and member of the state Assembly.
In addition to ethanol, the plant will annually produce 500,000 tonnes of wet distiller's grains, a waste product of the ethanol manufacturing process that is used as a high-protein feed product for dairies.
Construction of the plant generated 200 construction and service-related jobs and represented a boost to the economy of from $200 million (146 million Euro's) to $250 million.
Pacific Ethanol received $642,000 in energy efficiency rebates from Pacific Gas and Electric Co. for the use of energy-efficient technologies in the building of the plant. The company estimates an annual energy cost savings of approximately $1.3 million with a reduction in greenhouse gases of 771 tonnes.
Pacific Ethanol completed the Port of Stockton facility while it was forced by financial pressure to suspend construction on a plant in the Imperial Valley. Pacific Ethanol shares closed on the Nasdaq Stock Market at $1.07 on Monday, up 12 cents.
Pacific Ethanol also has ethanol plants in Madera; Boardman, Ore.; and Burley, Idaho. It owns a 42% interest in Front Range Energy, LLC, which owns an ethanol plant in Windsor, Colo.
Its chairman is Bill Jones, the former Republican California secretary of state and member of the state Assembly.
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