Cardinal Ethanol, LLC Announces Resignation of Adam Zeedyk as Commodity Manager, Effective from April 4, 2014
March 20, 2014 at 12:05 am IST
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On March 18, 2014, the board of directors accepted Adam Zeedyk's resignation from his position as the commodity manager of Cardinal Ethanol, LLC. Mr. Zeedyk's last day of employment at the company will be April 4, 2014.
Cardinal Ethanol, LLC and its subsidiaries is engaged in producing fuel-grade ethanol, distillers grains, corn oil and carbon dioxide near Union City, Indiana and sells these products throughout the continental United States. In addition, the Company procures, transports, and sells grain commodities through grain operations. Its divisions include ethanol and trading. Its ethanol division markets and sells ethanol and its co-products primarily in the continental United States using third party marketers. Its ethanol products are marketed by Murex, LLC and distillers grains are marketed by CHS, Inc. It markets and distributes all the corn oil it produces directly to end users and third-party brokers. The Company's trading division has a grain loading facility within its single site to buy, hold and sell inventories of agricultural grains, primarily soybeans. It performs no additional processing of these grains, unlike the corn inventory the Company holds and uses in ethanol production.