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Alto Ingredients, Inc. Acquires CO2 Processing Plant Adjacent to Columbia Facility, Bolstering Economics and Increasing Asset Valuation
ALTOAlto Ingredients(ALTO) GlobeNewswire News Room·2025-01-06 13:30
  • Secures improved, long-term CO2 sales contract,creating immediate bottom-line accretion and future financial upside - PEKIN, Ill., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols, renewable fuels, and essential ingredients, announced its wholly-owned subsidiary, Alto Carbonic, LLC, has acquired Kodiak Carbonic, LLC, a beverage-grade liquid carbon dioxide (CO2) processor, for $7.25 million in cash plus working capital on Janu ...