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Lake Area Corn Processors, LLC (LKCRU)

USD7.26 +0.00 (+0.00%)
US OTC Basic Materials Chemicals - Specialty
Address 46269 SD Highway 34 57075
Wentworth, SD, US
CEO Scott A. Mundt
IPO 2018-07-02
CIK 1156174 ISIN US5074641052

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Description

Lake Area Corn Processors, LLC, operating through its Dakota Ethanol, L.L.C. subsidiary, oversees an ethanol production facility located in South Dakota. The enterprise specializes in manufacturing and supplying fuel-grade ethanol, which plays a crucial role as an octane booster in various fuels, serves as an oxygenated additive to lessen ozone and carbon monoxide emissions from vehicles, and acts as a petroleum-free alternative to gasoline. Additionally, it yields several valuable co-products from the ethanol process, including distiller grains, which are incorporated into animal feed for the dairy and beef sectors, and corn oil, finding applications in livestock nutrition, industrial settings, and the fabrication of biodiesel. These ethanol and associated commodities are then marketed to clients across North America. Established in 1999, Lake Area Corn Processors, LLC maintains its principal operations in Wentworth, South Dakota.

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Indicator 1D1W2W3W1M
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USD7.26 +0.00 (+0.00%)
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1.7K
Beta
0.66
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