Pacific Ethanol's CEO Neil Koehler to Participate in Citigroup's Small and Mid-Cap Conference
SACRAMENTO, Calif., March 13 /PRNewswire-FirstCall/ -- Pacific Ethanol, Inc. (Nasdaq: PEIX), today announced that its CEO, Neil Koehler, will participate in the Citigroup Small and Mid-Cap Conference in Las Vegas on March 14th, and will present at 3:45 PM PDT. The conference will be held at the Four Seasons Hotel at 3960 Las Vegas Boulevard South.
The conference web cast will be available at: http://www.veracast.com/webcasts/citigroup/smallmidcap07/82211422.cfm
About Pacific Ethanol, Inc.
Pacific Ethanol is the largest West Coast-based marketer and producer of ethanol. Pacific Ethanol has an ethanol plant in Madera, California, two additional plants under construction in Boardman, Oregon, and Burley, Idaho, a third plant soon to be under construction in the Imperial Valley near Calipatria, California, a fourth plant soon to be under construction in Stockton California, and owns a 42% interest in Front Range Energy, LLC which owns an ethanol plant in Windsor, Colorado. Central to its growth strategy is its destination business model, whereby each respective ethanol plant achieves lower process and transportation costs by servicing local markets for both fuel and feed. In February 2007, Pacific Ethanol obtained a $325 million credit facility to provide financing for its first five ethanol production facilities. In May 2006, Pacific Ethanol completed an equity funding of $138 million which provided the Company with sufficient cash to both accelerate its stated goal of completing five ethanol production facilities totaling 220 million gallons of capacity per year by the middle of 2008 and its plans to complete additional ethanol production facilities, increasing total capacity to 420 million gallons per year by the end of 2010. In addition, Pacific Ethanol is working to identify and develop other renewable fuel technologies, such as cellulose-based ethanol production and bio-diesel.
SOURCE Pacific Ethanol, Inc.
Released March 13, 2007