secwatch.observer — SEC 8-K summary
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Issuer:     Cardinal Ethanol LLC (—)
CIK:        0001352081
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001352081-24-000018
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cardinal Ethanol extends Murex marketing deal, signs new agreements for Kansas plant
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- Amendment No. 5 extends Union City ethanol marketing deal with Murex; Murex will manage and lease at least 180 tank cars (specific rates confidential).
- New ethanol purchase agreement for Kansas plant (acquired Jan 2024) with Murex for exclusive marketing; initial term slightly more than 3 years with auto-renewal.
- Co-product marketing agreement with CHS for all distillers products from Kansas plant; effective April 12, 2024, automatic renewals.
- Kansas plant estimated annual capacity ~70M gallons; agreements cover 100% of ethanol and co-products output.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1352081/000135208124000018/0001352081-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1352081/000135208124000018/card-20240412.htm
  HTML page:      https://secwatch.observer/filing/0001352081-24-000018

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