Pacific Ethanol

Monster Rebound bei Pacific Ethanol (WKN: A1JBUP) nach Obama News !

 

 

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 Obama administration to stimulate biofuel industry

WASHINGTON (Reuters) - The Obama administration on Tuesday announced  a $510 million initiative to boost the production of next-generation  biofuels.

 

Ethanol Producers Show Long Term Earnings Potential

2011-08-05 08:16 ET - News Release

 

 

NEW YORK, NY -- (MARKET WIRE) -- 08/05/11

Ethanol prices have skyrocketed in recent quarters as high fuel prices  stoked demand for the corn-based additive from oil refiners. While  concerns about a slowing global economy have slowed ethanol prices of  late, producers remain optimistic going forward. The Bedford Report  examines the outlook for companies in the Ethanol Industry and provides  investment research on Pacific Ethanol Corporation (NASDAQ: PEIX) and  Archer Daniels Midland Company (NYSE: ADM). Access to the full company  reports can be found at:

www.bedfordreport.com/PEIX

www.bedfordreport.com/ADM

New EPA regulations set forth this year have likely solidified ethanol's  future in gasoline. The EPA approved the use of up to 15 percent  ethanol in gasoline in vehicles produced during 2001-2006. The EPA had  already approved the 15 percent ethanol tolerance for vehicles made in  2007 or later.

Ethanol can be used in much higher proportions, with up to 85 percent  ethanol in special factory-produced vehicles. A growing number of these  vehicles are being produced by auto manufacturers to test market demand  for such a vehicle.

The Bedford Report releases regular market updates on the Ethanol  Industry so investors can stay ahead of the crowd and make the best  investment decisions to maximize their returns. Take a few minutes to  register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Earlier this week Archer Daniels Midland said net income for the  reported quarter was $381.0 million or 58 cents per share compared with  $446.0 million or 69 cents per share in the year-ago quarter. According  to Archer Daniels, profit from making ethanol was up sharply but that  was offset by escalating costs in other businesses, including sweeteners  and starches that also rely on corn.

Last week Pacific Ethanol reported revenue of $215 million, up from $77  million in the second quarter last year. Total gallons sold were 100.6  million for the second quarter of 2011, an increase of 54% over the 65.4  million gallons sold in the second quarter of 2010.

The Bedford Report provides Market Research focused on equities that  offer growth opportunities, value, and strong potential return. We  strive to provide the most up-to-date market activities. We constantly  create research reports and newsletters for our members. The Bedford  Report has not been compensated by any of the above-mentioned publicly  traded companies. The Bedford Report is compensated by other third party  organizations for advertising services. We act as an independent  research portal and are aware that all investment entails inherent  risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer.

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Petrobras boosts ethanol investment to increase capacity
By Kris Bevill | August 16, 2011

    http://www.ethanolproducer.com/articles/...

Petrobras announced recently that its biofuels division will invest  heavily in the expansion of its ethanol and biodiesel production  capabilities in order to meet growing domestic demand. The firm has  earmarked a total of $4.1 billion for biofuels over the next five years,  according to its 2011-‘15 business plan, with $2.5 billion dedicated to  increased ethanol and biodiesel production, $1.3 billion allocated to  ethanol logistics and $300 million for cellulosic ethanol research. The  updated investment plans represent a $600 million increase in Petobras’  commitment to biofuels over its previous plan, which called for $3.5  billion to be invested in the sector between 2010 and 2014.

According to Petrobras, establishing new ethanol plants is a priority of  its five-year plan, and most of the money dedicated for biofuels will  be used for that purpose. The firm has committed 76 percent of the $2.5  billion production investment to ethanol; 70 percent of which will be  used to establish new plants, increase sugarcane crushing capacity and  renew plantations. “Together with partners, the goal is to reach a  volume of 5.6 billion liters [approximately 1.4 billion gallons] in  2015, or a 12 percent national market share,” Petrobras said in a  statement. “This will ensure the company the leading position in the  domestic market.”

Petrobras, which is a state-controlled integrated energy firm, currently  holds ownership stakes in 10 ethanol plants with a total annual  capacity of just 900 million liters (about 237 MMgy), according to its  website. Its move to dramatically increase production capacity  illustrates well Brazil’s need to ramp up supplies of domestic ethanol  in response to growing domestic and international demand. Last year,  Brazilian sugarcane producers harvested 620 million metric tons of  sugarcane, which was used to produce about 38 million tons of sugar and  27.4 billion liters of ethanol, according to UNICA, the Brazilian  Sugarcane Industry Association. But high sugar prices combined with two  consecutive years of small sugarcane harvests and increasing consumer  demand for ethanol have resulted in a supply shortage that has left  Brazil’s government with little choice but to reduce the national E25  blending mandate periodically and import U.S. ethanol at times when  supply is the shortest. UNICA CEO Marcos Jank told EPM recently that 130  new sugarcane mills need to be established in Brazil by 2020 in order  to meet the growing demand for ethanol and that in order to achieve that  level of expansion, partnerships between industry stakeholders will be  required. Petrobras said it will carry out its capacity expansion plans  through its existing partners Guarani, Nova Fronteira and Total  Agroindustria Canavieira.            

Ticker
14.08.2012
22:20
Pacific Ethanol verfehlt im zweiten Quartal des Geschäftsjahres mit einem Verlust je Aktie von $0,03 die Analystenschätzungen von -$0,02. Umsatz mit $205,4 Mio unter den Erwartungen von $223,32 Mio.