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  • Pacific Ethanol: Market Growth and Increase in Production to the Rescue [View article]
    This comment is one month later after the original post.

    On Oct 2nd at an Oppenheimer Investment event, PEIX CEO stated that although they have increased prodcution, sales volume will be approx 50/50% in-house vs resales production.
    So, just to correct point # 2 above, resales group is growing as fast as the new plant coming online in 2Q and 3Q... Good news that local markets are absorbing both production and resales gallons coming across from other companies.
    Oct 02 16:25 pm |Rating: 0 0
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