Alto Ingredients Inc (ALTO)

[kel3]

The Article Says

To accomplish that, Pacific Ethanol is working with Visalia-based EdenIQ to do a “bolt on” cellulosic plant to an existing corn ethanol facility that will work with a variety of feedstock.Paul Koehler says talks with EdenIQ “are mature” to launch the project. Similar work is underway at Aemetis with federal incentives in place to make cellulosic biofuel.
http://sierra2thesea.net/energy/valley-ethanol-plants-work-to-wean-themselves-from-midwest-corn

Pacific Ethanol may not have an Intrest In the Plant,but they are Working With EdenIQ/Dont Know Why they Would Do That With Out an Intrest.So they Have a Partnership.According to California Energy Conf. CEPIP $ will Likely Be Used for Cellulosic Bolt On Going Forward & the $6 mln CEPIP is Given Out In January.

PEIX Will have to Open Madera to get Full CEPIP Payment