Sunday, October 15, 2006

Pacific Ethanol Completes Construction of First Plant

FRESNO, Calif., Oct. 9 /PRNewswire-FirstCall/ -- Pacific Ethanol, Inc. (Nasdaq: PEIX - News) today announced the completion of its first ethanol production facility in Madera, California. A ribbon cutting ceremony to take place on October 16th. The plant will commence the start up process the next day, and is expected to be operating at its nameplate capacity of 35 million gallons per year by mid November, 2006.

"This is a significant milestone for Pacific Ethanol. The startup of the Madera Plant will contribute ethanol production revenues during the 4th quarter of this year, ahead of our internal target date," observed Neil Koehler, CEO of Pacific Ethanol, Inc. "We anticipate it will take roughly thirty days to bring the plant up to full capacity, and that from mid-November forward the plant will be producing ethanol at or above our designed level of 35 million gallons per year. Read More

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