West Coast Domestic Fuel

Cindy Zimmerman

Pac Eth Fresno, California-based Pacific Ethanol is reporting “significant progress” in 2005, according to a press release on its annual stockholders meeting held the last business day of the year. The company, which was established in 2003, has the goal of becoming “the leader in the development, production and marketing of renewable fuels in the Western United States.” Pacific Ethanol currently has plans for five ethanol plants on the west coast and is also working “to identify and develop other renewable fuel technologies such as cellulose-based ethanol production and bio-diesel.” The company is publicly traded on NASDAQ, trading at around 11.00 per share when I checked it. Click on the NASDAQ link for the current company snapshot.

Ethanol, Production