Pacific Ethanol to restart Madera plant, shares +23.5% AH

|By:, SA News Editor

Pacific Ethanol (PEIX) +23.5% AH on news it plans to restart production at its 40M gallons/year facility in Madera, Calif., which would bring total operating production capacity to 200M gallons/year.

PEIX expects to begin ethanol production at Madera during Q2 2014.

Earlier, PEIX reported better than expected Q4 earnings and revenues.