Pacific Ethanol to Restart Madera, California Plant

Pacific Ethanol to Restart Madera, California Plant

SACRAMENTO, Calif., Feb. 26, 2014 (GLOBE NEWSWIRE) -- Pacific Ethanol, Inc.
(Nasdaq:PEIX), the leading marketer and producer of low-carbon renewable fuels
in the Western United States, announced plans to restart production at its 40
million gallon per year facility in Madera, California, which would bring the
company's total operating production capacity to 200 million gallons per year.
The company expects to begin ethanol production at Madera during the second
quarter of 2014.

Neil Koehler, the company's president and CEO, stated: "We are excited to
achieve this important milestone for the company. With all of our plants in
production we can further benefit from strong industry fundamentals and help
meet the growing demand for low-carbon fuels in California. We are pleased to
be providing new jobs and economic development in the Central Valley of
California."

About Pacific Ethanol, Inc.

Pacific Ethanol, Inc. (Nasdaq:PEIX) is the leading marketer and producer of
low-carbon renewable fuels in the Western United States. Pacific Ethanol also
sells co-products, including wet distillers grain ("WDG"), a nutritional
animal feed. Serving integrated oil companies and gasoline marketers who blend
ethanol into gasoline, Pacific Ethanol provides transportation, storage and
delivery of ethanol through third-party service providers in the Western
United States, primarily in California, Arizona, Nevada, Utah, Oregon,
Colorado, Idaho and Washington. Pacific Ethanol has a 91% ownership interest
in New PE Holdco LLC, the owner of four ethanol production facilities. Pacific
Ethanol operates and manages the four ethanol production facilities, which
have a combined annual production capacity of 200 million gallons. The
facilities in operation are located in Boardman, Oregon, Burley, Idaho and
Stockton, California, and one idled facility is located in Madera, California.
The facilities are near their respective fuel and feed customers, offering
significant timing, transportation cost and logistical advantages. Pacific
Ethanol's subsidiary, Kinergy Marketing LLC, markets ethanol from Pacific
Ethanol's managed plants and from other third-party production facilities, and
another subsidiary, Pacific Ag. Products, LLC, markets WDG. For more
information please visit www.pacificethanol.net.

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995

With the exception of historical information, the matters discussed in this
press release including, without limitation, the ability of Pacific Ethanol to
continue as the leading marketer and producer of low-carbon renewable fuels in
the Western United States; the ability of Pacific Ethanol to timely restart
production at its Madera, California plant, which will require, among other
things, permit renewals, significant capital and successful testing and
start-up activities; and the effects of restarting production at Pacific
Ethanol's Madera, California plant are forward-looking statements and
considerations that involve a number of risks and uncertainties. The actual
future results of Pacific Ethanol could differ from those statements. Factors
that could cause or contribute to such differences include, but are not
limited to, adverse economic and market conditions, including for ethanol and
its co-products, and in particular, low-carbon rated ethanol; raw material
costs; changes in governmental regulations and policies; and other events,
factors and risks previously and from time to time disclosed in Pacific
Ethanol's filings with the Securities and Exchange Commission including,
specifically, those factors set forth in the "Risk Factors" section contained
in Pacific Ethanol's Form 10-K filed with the Securities and Exchange
Commission on April 1, 2013.

CONTACT: Company IR Contact:
         Pacific Ethanol, Inc.
         916-403-2755
         866-508-4969
         Investorrelations@pacificethanol.net
        
         IR Agency Contact:
         Becky Herrick
         LHA
         415-433-3777
        
         Media Contact:
         Paul Koehler
         Pacific Ethanol, Inc.
         916-403-2790
         paulk@pacificethanol.net

company logo
 
Press spacebar to pause and continue. Press esc to stop.