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Summary:

Throughout 2009 we’ll continue to update our ethanol deathwatch map. After all, let’s face it, this year in terms of capital drying up, is going to be a doozy. This morning, Pacific Ethanol put out an announcement that it will temporarily suspend a 40-million-gallon-per-year ethanol plant […]

pacificethanolmaderasmallThroughout 2009 we’ll continue to update our ethanol deathwatch map. After all, let’s face it, this year in terms of capital drying up, is going to be a doozy. This morning, Pacific Ethanol put out an announcement that it will temporarily suspend a 40-million-gallon-per-year ethanol plant in Madera, Calif., that was started up in October 2006.

Pacific Ethanol cited “extended unfavorable market conditions for producing ethanol” as the reason for halting production at the plant. While corn-based ethanol makers are pulling back on production and struggling to keep operations going, the next-generation cellulosic ethanol producers are delaying plant construction plans and moving slower than most had predicted in 2008. In December 2007, Pacific Ethanol also suspended construction plans for a 50-million-gallon-per-year plant near Calipatria, Calif. We added Pacific Ethanol’s Madera plant to our map.

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By Katie Fehrenbacher

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  1. [...] yet, but it seems like only a matter of time. Given that the news from the Corn Ethanol sector is so dire, these developments are very [...]

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  2. Very 2009 to be monitoring the demise of overextended businesses, but it’s not all doom and gloom for the 2nd generation cellulosic producers. Just read a press release from Enerkem (www.enerkem.com) announcing its first commercial-scale biofuels and biochemicals plant is coming on stream soon. (http://www.enerkem.com/index.php?module=CMS&id=14&newlang=eng)

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  3. [...] the meantime, big name ethanol producers are continuing to batten the hatches. In recent days, Pacific Ethanol temporarily suspended production at a California plant, bankrupt VeraSun shut down three other [...]

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  4. [...] the meantime, big name ethanol producers are continuing to batten the hatches. In recent days, Pacific Ethanol temporarily suspended production at a California plant, bankrupt VeraSun shut down three other [...]

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  5. [...] 9:00 am in Biofuels If your core business is making corn ethanol, you’ve got to evolve. Companies producing ethanol made from corn are canceling plant plans and struggling to stay afloat. Poet is one of the larger corn ethanol makers, and it has been [...]

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  6. [...] plants in Burley, Idaho, and Stockton, Calif., just a few weeks after the company suspended another facility in California, a 40-million gallon plant in [...]

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  7. [...] the crumbling of the first generation of biofuel projects (corn-based ethanol), the U.S. government is in full support of the next [...]

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