Front Range Energy And Pacific Ethanol Complete 40MM Gallon
Windsor, CO - Front Range Energy, LLC and Pacific Ethanol, Inc. announced the completion of Front Range Energy's ethanol plant in Windsor, CO. The ICM-designed facility has a nameplate capacity of 40 million gallons per year of fuel ethanol. The plant produced its first ethanol on June 9, 2006 and expects to ship its first loads of ethanol and wet distillers grains (WDG) later this week.
Pacific Ethanol, in addition to marketing all of the fuel ethanol and WDG output of the Windsor plant, has a contract to procure corn, manage plant operations and market products for Front Range Energy. Pacific Ethanol will market all the ethanol through its Kinergy Marketing, LLC subsidiary and will market all the WDG through its Pacific Ag Products, LLC subsidiary.
Front Range Energy's majority owner, Dan Sanders, observed, "We selected Pacific Ethanol to manage our plant and market our products due to their expertise in destination ethanol plants throughout the Western United States. We believe that Pacific Ethanol will add significant value to our company through their management and marketing skills."
Neil Koehler, President and CEO of Pacific Ethanol stated, "Our strategic relationship with Front Range Energy allows Pacific Ethanol to leverage its marketing and management capabilities. We are able to expand and build upon our business in our core market, while adding value to Front Range at the same time."
SOURCE: Pacific Ethanol, Inc.