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Press Release

U.S. Chemicals Ranking 2023

The new Chemicals rating for 2023 has just been released by RealRate.

These are the top three Chemical companies in the U.S., measured by Economic Capital Ratio:

1. CARDINAL ETHANOL LLC – 733%
2. SOUTHWEST IOWA RENEWABLE ENERGY LLC – 602%
3. HIGHWATER ETHANOL LLC – 580%

The complete rating of 72 Chemical companies is published in https://realrate.ai/rankings/
18 companies achieved the ‘Top Rated’ award.

Founded in 2005 and based in Union City, Indiana, Cardinal Ethanol LLC, and its subsidiaries, are engaged in producing fuel-grade ethanol, distiller grains, corn oil, and carbon dioxide near Union City, Indiana, and sell these products throughout the continental United States. Its current assets are $189 million.

Headquartered in Council Bluffs, Iowa, and founded in 2005, Southwest Iowa Renewable Energy LLC (SIRE) operates as a dry-mill grain processing facility. The Company produces ethanol, modified wet distillers’ grains, corn syrup, and corn oil. SIRE offers dried distiller grains with solubles in the United States. It has total current assets of $160 million.

Highwater Ethanol LLC is a public company headquartered in Minnesota with an estimated 42 employees. In the US, the company has a notable market share in at least one industry: Organic Chemical Manufacturing, where they account for an estimated 0.1% of total industry revenue. It was founded in 2006 and is based in Minnesota. It has current assets of $101 million.

CEO Dr. Holger Bartel: “The American chemical industry is a vital sector contributing significantly to the economy. In 2022, it generated over $1.1 trillion in revenue. With a diverse range of products, including petrochemicals and specialty chemicals, the industry plays a pivotal role in manufacturing, innovation, and supporting various other sectors.
Superior financial strength is particularly important in the Chemical industry, ensuring companies can undertake the manufacturing process to the best of their abilities.”

About RealRate:
RealRate is an international rating agency based in Santa Clara and Berlin, founded in 2021. Using cutting-edge explainable Artificial Intelligence, we provide fair company ratings, avoiding any conflicts of interest. Combining AI and expert knowledge, financial strength is evaluated based on published annual reports. RealRate provides rankings for dozens of industries, like insurance, IT, real estate, food, and pharma. Only the best-rated companies are awarded the RealRate TOP Rated seal.