Pacific Ethanol buys ICP for $76M, diversifies into beverage alcohols
In California, Pacific Ethanol will acquire Illinois Corn Processing, LLC (ICP) from SEACOR Holdings and MGPI Processing for $76 million, which includes $15 million in working capital. adding 90 million gallons in capacity adjacent to the company’s Pekin, IL plant. The plant can produce gin/vodka, ethanol as well as proteins The acquisition will be funded […]














