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Harry Winston

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Harry Winston

Re: forlix post# 30006

Friday, 07/12/2019 2:25:25 PM

Friday, July 12, 2019 2:25:25 PM

Post# of 30377

Q. Why would you want to restart plants in a negative margin environment? With stockpiles still well above 2014 levels?


A. The President approved the full-year sales of a 15% blend of corn-based ethanol less than a month and a half ago, so the higher sales of this fuel are just starting to be calculated, but any increase in the demand for ethanol fuel and any rise in the price of ethanol are reasons for Pacific Ethanol to restart their Aurora plants. The rise in the price of ethanol contributes to the potential profit of the company. The rise in the demand for ethanol contributes to the long-term future of the company. Any damage to the oil and gas drilling platforms in the Gulf of Mexico will also contribute to the profitability and the long-term future of the Pacific Ethanol Corporation.
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