OTCM
CRDE
Market cap359mUSD
Oct 01, Last price
24,600.00USD
Name
Cardinal Ethanol LLC
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Profile
Cardinal Ethanol, LLC, founded in 2005 and situated in Union City, Indiana, is a company dedicated to the manufacturing and distribution of fuel ethanol, distillers' grains, corn oil, and crude carbon dioxide. The firm, which was originally incorporated as Indiana Ethanol, LLC before adopting its current name in September 2005, supplies these products primarily within the continental United States, with a portion also being exported. The fuel ethanol produced by Cardinal Ethanol serves several critical functions: it enhances octane levels in fuels, acts as an oxygenate additive to reduce both ozone and carbon monoxide emissions, and offers a gasoline alternative not derived from petroleum. Furthermore, the company's distillers' grains are utilized as a valuable nutritional supplement for livestock in the dairy, beef, poultry, and swine industries. Its corn oil finds application as an animal feed ingredient, a crucial feedstock for biodiesel production, and in various other industrial sectors. Cardinal Ethanol also makes carbon dioxide gas available for sale. Distribution of its diverse product portfolio is managed through both direct sales and collaborations with third-party brokers.
Key people
Robert John Davis
Independent Chairman of the Board · since 2010
Jeffrey L. Painter
President, Chief Executive Officer · since 2008
Thomas E. Chalfant
Vice Chairman of the Board · since 2016
William J. Dartt
Chief Financial Officer, Treasurer · since 2010
Jeremey Jay Herlyn
Plant Manager · since 2008
David Matthews Dersch
Director · since 2019
Robert N. Baker
Independent Director · since 2009
Thomas C. Chronister
Independent Director · since 2009
William R. Garth
Independent Director · since 2011
Everett Leon Hart
Independent Director · since 2005
Cyril George LeFevre
Independent Director · since 2005
Lewis M. Roch
Independent Director · since 2012
Steven John Snider
Independent Director · since 2016
Headquarters & legal address
1554 N 600 E
UNION CITY, IN 47390
US
UNION CITY, IN 47390
US
Valuation
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