Pacific Ethanol Inc: Company Report

Pacific Ethanol, Inc. (Pacific Ethanol) produces and sells ethanol and its co-products, including wet distillers grain, and 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. It has customer relationships throughout the Western United States and supplier relationships throughout the Western and Midwestern United States. Pacific Ethanol’s customers are integrated oil companies and gasoline marketers. It supplies ethanol to its customers either from its own ethanol production facilities located within the regions it serves, or with ethanol procured in bulk from other producers. In May 2009, the Company announced that its subsidiaries, which own its four wholly owned ethanol production facilities, have filed voluntary petitions under Chapter 11 of the United States Bankruptcy code in the District of Delaware.

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