Pacific Ethanol to sell CO2 from Columbia plant in Oregon
Pacific Ethanol Inc.
September 15, 2014
BY Pacific Ethanol Inc.
Pacific Ethanol Inc., the leading producer and marketer of low-carbon renewable fuels in the Western United States, announced its agreement with Kodiak Carbonic LLC to sell CO2 from the Pacific Ethanol Columbia plant located in Boardman, Oregon. Kodiak plans to construct a liquefaction and dry ice processing plant adjacent to the Columbia facility and expects to purchase up to 200 tons of CO2 per day to sell to food processing and beverage producers.
Neil Koehler, the company's president and CEO, said, "The opportunity to utilize the CO2 from our ethanol production process as another co-product for sale further diversifies our revenues and improves Pacific Ethanol's profitability. We anticipate the new CO2 processing plant in Boardman to begin operations in early 2015 and to contribute approximately one to 2 cents per gallon in operating income."
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