Alto Ingredients, Inc. to Cold Idle Magic Valley Facility at Year End

Core Insights - Alto Ingredients, Inc. will cold idle its Magic Valley, Idaho facility on December 31, 2024, while continuing to provide terminal services at the plant [2][3] - The decision to idle the facility is based on forecasts of very low to negative crush margins in the West for the first quarter of 2025, aimed at minimizing anticipated financial losses [3] - The company plans to meet its remaining contractual responsibilities and intends to resume operations when the economic environment improves sustainably [3] Company Overview - Alto Ingredients, Inc. is a leading producer and distributor of specialty alcohols, renewable fuels, and essential ingredients, focusing on four key markets: Health, Home & Beauty; Food & Beverage; Essential Ingredients; and Renewable Fuels [4] - The company's customer base includes major food and beverage companies and consumer products companies [4]