Alto Ingredients, Inc. to Cold Idle Magic Valley Facility at Year End
Alto Ingredients(ALTO) GlobeNewswire News Room·2024-11-29 13:30
- Plant to Operate as a Terminal - PEKIN, Ill., Nov. 29, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels and essential ingredients, has announced that it will cold idle its Magic Valley, Idaho facility on December 31, 2024, yet continue to provide terminal services at the plant. “With the first quarter 2025 forecasts of very low to negative crush margins in the West, it is fiscally prudent to idle the Magic Valley faci ...