Changhae Ethanol Co. Ltd. (004650)
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Changhae Ethanol Co. Ltd. Profile
| Beverages Industry | Consumer Staples Sector | - CEO | KRX SM Exchange | - ISIN |
| South Korea Country | 56 Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Changhae Ethanol Co., Ltd., established in 1966, is a South Korean company specializing in the production and sale of spirits derived from various crops such as sugar cane, tapioca, rice, and barley. With its headquarters located in Jeonju, South Korea, the company has diversified its offerings over the years, expanding into related products like DDGS, CO2, and CDS, as well as venturing into the construction equipment rental business. Changhae Ethanol positions itself as a key player in the alcohol and bio-related products industry, leveraging the by-products of its primary alcohol production processes to serve a broader market.
Products and Services
- Fermented Ethyl Alcohol and Refined Alcohol
Changhae Ethanol manufactures fermented ethyl alcohol and refined alcohol using sugar cane, tapioca, rice, and barley. These products are essential ingredients in the production of various spirits and alcoholic beverages.
- DDGS (Distillers Dried Grains with Solubles)
DDGS is a high-quality feed ingredient produced as a by-product of the alcohol fermentation process. Rich in protein, it is used in the manufacturing of feed for livestock.
- CO2 (Carbon Dioxide Gas)
The CO2 produced during the fermentation process is captured and sold. It has applications in various industries, including beverages and food, where it is used for carbonation and preservation.
- CDS (Condensed Distillers Solubles)
CDS is another by-product of the fermentation process that is utilized as a raw material for liquid feed and fertilizers, offering a sustainable option for agricultural producers.
- Raw Material for Bio-Microbe Control and Biochemical Field
The company supplies raw materials that are critical in the bio-microbe control and biochemical fields, underlining its role in supporting bio-based industries.
- Construction Equipment Rental Business
Beyond its core business of producing alcohol and related products, Changhae Ethanol also engages in renting out construction equipment, providing an additional stream of revenue and broadening its market presence.
