Conditions improving for ethanol producers
Idled ethanol plants, such as the one operated in Idaho by Pacific Ethanol Inc., are coming back on line as the industry’s survivors bet on a recovery.
Sacramento-based Pacific Ethanol and other ethanol firms are placing their bets largely because of improving market conditions as well as the federal renewable-fuel standard, which requires oil companies to expand their ethanol purchases every year for the next dozen years. California’s low-carbon fuel standard also could boost demand.
Read the full report in the Sacramento Business Journal.
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