Cardinal Ethanol looking to potentially sell out

February 28, 2019 |

In Indiana, in the face of low ethanol prices that have in many cases led to negative margins, local press reports that Cardinal Ethanol is looking to potentially sell its 10-year-old ethanol plant despite being one of the most profitable ethanol plants nationally, or so says its financial advisor. Some investors seem to want to cash out without have to put in money for continuous improvement but if a buyer can’t be found, the standalone facility will continue to operate as it always has.

Category: Fuels

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