Pacific Ethanol plans to idle the western portion of its ethanol plant in Aurora, NE, over the next two weeks amid historically weak margins that have forced the industry to throttle back production, according to three sources familiar with the plant’s operations.
Reuters reports the 110 million gallon/year western section could remain shut until the summer.
The company has shut the smaller eastern section of the plant and laid off more than two dozen workers.
(Reporting By Jarrett Renshaw and Michael Hirtzer; editing by Grant McCool)