18.9.2006: Meldung: Pacific Ethanol, Inc. Announces Results

Pacific Ethanol, Inc. today announced the results of its annual meeting of stockholders held on Thursday, September 7, 2006. Stockholders reelected all seven incumbent directors, including William L. Jones, Neil M. Koehler, Frank P. Greinke, Douglas L. Kieta, John L. Prince, Terry L. Stone and Robert P. Thomas.

Stockholders also approved the Pacific Ethanol 2006 Stock Incentive Plan. In addition, stockholders ratified the selection of Hein & Associates LLP to continue to serve as the Company"s independent registered public accounting firm for the fiscal year ending December 31, 2006.

About Pacific Ethanol, Inc.

The primary goal of Pacific Ethanol, Inc. is to become the leader in the development, production, marketing and sale of renewable fuels in the Western United States. Established in 2003, Pacific Ethanol is constructing large-scale ethanol production facilities in Madera County, California and Boardman, Oregon and is developing additional facilities in the Western United States. Pacific Ethanol, through its wholly-owned subsidiary, Kinergy Marketing, LLC, is the largest West Coast-based marketer of ethanol. In addition, Pacific Ethanol is working to identify and develop other renewable fuel technologies, such as cellulose-based ethanol production and bio-diesel.

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 are forward-looking statements 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, the ability of Pacific Ethanol to successfully and timely complete construction of its ethanol plants in Madera County, California and Boardman, Oregon; the ability of Pacific Ethanol to obtain all necessary financing to complete the construction of its planned ethanol production facilities and, assuming all such funding is obtained, the ability of Pacific Ethanol to successfully and timely complete construction of those facilities; the ability of Pacific Ethanol to successfully capitalize on its internal growth initiatives; the price of ethanol relative to the price of gasoline; and those factors contained in the "Risk Factors" section of Pacific Ethanol"s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2006 filed with the Securities and Exchange Commission on August 18, 2006.

Source: Pacific Ethanol, Inc.
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