~ Investing In High Flying Stock: Pacific Ethanol Inc.
To many investors, the whole concept of ethanol is new. Ethanol is a fuel additive that is commonly made from corn, but can also be made from wheat, barley, potatoes and other crops. In addition, new technologies are enabling the production of ethanol from corn stalks, grain straw, paper pulp and even municipal solid waste. The starch or sugar portion of the corn is fermented and then distilled into alcohol. Sounds like a new concept, but early versions of the first automobiles ever produced ran on gasoline or ethanol!
Pacific Ethanol, Inc. is a publicly traded company (NASDAQ: PEIX) that is engaged in the development, production and marketing of renewable fuels in the United States. The company has five ethanol plans under construction on the West Coast with expected capacity of 200 million gallons. In addition, the company’s wholly owned subsidiary is one of the largest marketers of ethanol and generated in excess of $82 million in sales last year.
Read our latest article here:…….
Pacific Ethanol Inc. Stocks - Investing In Ethanol
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November 25th, 2006 at 1:54 am |