-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 /2tXIkttmSXl9PwvjkVBEQ==

<SEC-DOCUMENT>0000919574-04-002745.txt : 20041001
<SEC-HEADER>0000919574-04-002745.hdr.sgml : 20041001
<ACCEPTANCE-DATETIME>20041001190331
ACCESSION NUMBER:		0000919574-04-002745
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040928
FILED AS OF DATE:		20041001
DATE AS OF CHANGE:		20041001

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIONEER COMPANIES INC
		CENTRAL INDEX KEY:			0000830141
		STANDARD INDUSTRIAL CLASSIFICATION:	CHEMICALS & ALLIED PRODUCTS [2800]
		IRS NUMBER:				061215192
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		700 LOUISIANA
		STREET 2:		STE 4200
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002
		BUSINESS PHONE:		7132253831

	MAIL ADDRESS:	
		STREET 1:		700 LOUISIANA
		STREET 2:		STE 4200
		CITY:			HOUSTON
		STATE:			TX
		ZIP:			77002

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	GEV CORP
		DATE OF NAME CHANGE:	19930902

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FINEVEST FOODS INC
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BENNETT JAMES D
		CENTRAL INDEX KEY:			0001027829

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09859
		FILM NUMBER:		041059986

	BUSINESS ADDRESS:	
		STREET 1:		C/O BENNETT MANAGEMENT CORP
		STREET 2:		2 STAMFORD PLZ STE 1501 261 TRESSER BLVD
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06901
		BUSINESS PHONE:		2033533101

	MAIL ADDRESS:	
		STREET 1:		C/O BENNETT MANAGEMENT CORP
		STREET 2:		2 STAMFORD PLZ STE 1501 261 TRESSER BLVD
		CITY:			STAMFORD
		STATE:			CT
		ZIP:			06901

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			RESTRUCTURING CAPITAL ASSOCIATES LP
		CENTRAL INDEX KEY:			0001012091

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-09859
		FILM NUMBER:		041059985

	BUSINESS ADDRESS:	
		STREET 1:		450 PARK AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2126446800

	MAIL ADDRESS:	
		STREET 1:		2STAMFORD PLAZA STE 1501
		STREET 2:		281 TREER BLVD
		CITY:			STAMOFRD
		STATE:			CT
		ZIP:			06901
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p515407_ex.xml
<DESCRIPTION>BENNETT/RESTRUCTURING/PIONEER
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2004-09-28</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0000830141</issuerCik>
        <issuerName>PIONEER COMPANIES INC</issuerName>
        <issuerTradingSymbol>PONR</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001027829</rptOwnerCik>
            <rptOwnerName>BENNETT JAMES D</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O BENNETT MANAGEMENT CORP</rptOwnerStreet1>
            <rptOwnerStreet2>2 STAMFORD PLZ STE 1501 281 TRESSER BLVD</rptOwnerStreet2>
            <rptOwnerCity>STAMFORD</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06901</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001012091</rptOwnerCik>
            <rptOwnerName>RESTRUCTURING CAPITAL ASSOCIATES LP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>2 STAMFORD PLAZA, SUITE 1501</rptOwnerStreet1>
            <rptOwnerStreet2>281 TRESSER BLVD</rptOwnerStreet2>
            <rptOwnerCity>STAMFORD</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06901</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-09-28</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>100000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>13.6069</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1200000</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Please See Footnote</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2004-09-29</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>225000</value>
                    <footnoteId id="F4"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>13.3911</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>975000</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>Please See Footnote</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">44,984 shares disposed of by Bennett Restructuring Fund, L.P. 31,238 shares disposed of by Bennett Offshore Restructuring
Fund, Inc. 17,564 shares disposed of by Bennett Restructuring Fund II, L.P. 6,214 shares disposed of by Barclays Global
Investors Distressed Specialist Fund I.</footnote>
        <footnote id="F2">Each of the Reporting Person and the joint filer disclaims beneficial ownership to the extent of their pecuniary interest
therein.</footnote>
        <footnote id="F3">Shares held in accounts of various entities over which the Reporting Person exercises investment discretion as the principal
of a General Partner or Investment Manager and the joint filer exercises investment discretion as the General Partner or
Investment Manager.</footnote>
        <footnote id="F4">97,000 shares disposed of by Bennett Restructuring Fund, L.P. 75,000 shares disposed of by Bennett Offshore Restructuring
Fund, Inc. 42,000 shares disposed of by Bennett Restructuring Fund II, L.P. 11,000 shares disposed of by Barclays Global
Investors Distressed Specialist Fund I.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>By: /s/ James D. Bennett</signatureName>
        <signatureDate>2004-09-30</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>Restructuring Capital Associates, L.P., By: /s/ James D. Bennett, Principal</signatureName>
        <signatureDate>2004-09-30</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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