| Chemicals Industry | Materials Sector | Mr. Jeffrey L. Painter CEO | OTC GREY Exchange | US14150E1082 ISIN |
| United States Country | 72 Employees | - Last Dividend | - Last Split | - IPO Date |
Cardinal Ethanol, LLC, initially founded as Indiana Ethanol, LLC, before changing its name in September 2005, is a prominent entity in the continental United States' fuel-grade ethanol industry. Incorporated in 2005 and operating from Union City, Indiana, the company has dedicated itself to the production and sale of ethanol and its by-products. Cardinal Ethanol stands out for its contribution to environmental sustainability through its ethanol products, which serve as octane enhancers in fuels, reduce ozone and carbon monoxide emissions as an oxygenated fuel additive, and act as non-petroleum-based gasoline substitutes. Furthermore, the firm plays a significant role in the agricultural sector by producing valuable by-products like distiller grains and corn oil. Its strategic marketing approach includes direct sales and distribution through third-party brokers, alongside exporting its products to cater to a global market.
Cardinal Ethanol produces ethanol primarily intended for use as an octane enhancer in automotive fuels. It also serves as an oxygenated fuel additive, designed to reduce harmful ozone and carbon monoxide emissions, and as a non-petroleum-based alternative to gasoline. This makes Cardinal Ethanol a key player in efforts towards cleaner, more sustainable automotive fuels.
The company manufactures distiller grains, a by-product of the ethanol production process, which is highly sought after as an animal feed supplement. Targeting the dairy, beef, poultry, and swine industries, these grains represent a sustainable and valuable use of resources, converting leftover materials into nutritious feed.
Extracted during the ethanol production process, the corn oil produced by Cardinal Ethanol has diverse applications. It is used as a feed ingredient, contributing valuable fats to animal diets, and as a feedstock for biodiesel production, thus further supporting the renewable energy sector. Additionally, it finds use in various industrial applications, highlighting the versatility and sustainability of corn oil as a by-product.
The production process also generates raw carbon dioxide gas, which Cardinal Ethanol captures for sale. This carbon dioxide has applications across various industries, including the food and beverage industry, where it is used for carbonation of drinks, and in the agricultural and industrial sectors, thus ensuring that even waste gases are put to productive use.