Biocatalysis
Information and Commentary About Biofuels and Biotechnology
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More Ethanol Company Problems: Pacific Ethanol Goes Bankrupt
Filed under Biofuels companies, biofuelsMay 19The LA Times reports today that Sacramento, CA-based Pacific Ethanol filed for Chapter 11 bankruptcy protection yesterday. Pacific Ethanol has 4 plants with a combined capacity of 200 million gallons per year. The company says it will try to continue operations while reorganizing, but capacity shut-downs are near certain since its production is uneconomical.
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