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Keyword: peix
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CA: Madera ethanol plant to get state help
Pacific EthanolPacific Ethanol Madera LLC announced it will participate in the California Ethanol Producer Incentive Program (CEPIP), which will temporarily assist the plant financially. The CEPIP works essentially like a loan, where the state government will provide financial backing during difficult economic conditions and the participating companies will pay it back when it’s determined the economy has recovered. Pacific Ethanol Madera LLC is part of Pacific Ethanol Inc., which is the leading West Coast manufacturer of ethanol — a corn-based, low-carbon fuel. “The state of California continues to lead the nation in supporting the production of low-carbon fuels,” Pacific Ethanol...
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