Cardinal Ethanol, LLC CRDE

Company Overview

Cardinal Ethanol, LLC (CRDE) is a privately held U.S. ethanol production company focused on manufacturing fuel-grade ethanol and related agricultural co-products. The company operates within the renewable fuels, agricultural processing, and bioenergy industries, producing ethanol primarily from corn feedstock. Its principal revenue drivers include ethanol sales into transportation fuel markets, distillers grains used for livestock feed, and corn oil recovered during the production process. Publicly available information indicates the company primarily serves fuel distributors, commodity traders, livestock feed markets, and industrial customers tied to renewable fuel blending requirements in the United States.

The company was established in Indiana as part of the broader expansion of domestic ethanol capacity that followed federal renewable fuel policy support in the 2000s. Cardinal Ethanol, LLC operates a large dry-mill ethanol facility in Union City, Indiana, and has historically emphasized regional grain sourcing and proximity to Midwestern transportation and agricultural markets as strategic advantages. The company’s positioning is closely tied to the U.S. Renewable Fuel Standard (RFS), regional corn availability, and demand for low-carbon transportation fuels. Public records and industry references consistently identify the company as a producer with integrated co-product operations, though detailed financial disclosures are limited because the company is privately held.