SACRAMENTO, Calif., Nov. 10 /PRNewswire-FirstCall/ -- Pacific Ethanol,
Inc. (Nasdaq: PEIX), today announced a delay in the filing of its Quarterly
Report on Form 10-Q for the three months ended September 30, 2008. As a
result, the Company will file a Form 12b-25 with the U.S. Securities and
Exchange Commission for an automatic extension of time to file the Form 10-Q
and intends to make the filing by November 17, 2008.
About Pacific Ethanol, Inc.
Pacific Ethanol is the largest West Coast-based marketer and producer of
ethanol. Pacific Ethanol has ethanol plants in Madera and Stockton,
California; Boardman, Oregon; and Burley, Idaho. Pacific Ethanol also owns a
42% interest in Front Range Energy, LLC which owns an ethanol plant in
Windsor, Colorado. Central to Pacific Ethanol's growth strategy is its
destination business model, whereby each respective ethanol plant achieves
lower process and transportation costs by servicing local markets for both
fuel and feed. Pacific Ethanol has achieved its goal of 220 million gallons
per year of ethanol production capacity in 2008 and has the goal to increase
total production capacity to 420 million gallons per year in 2010. In
addition, Pacific Ethanol is working to identify and develop other renewable
fuel technologies, such as cellulose-based ethanol production and bio-diesel.
SOURCE Pacific Ethanol, Inc.
