NBB Chair Proud of Biodiesel Industry

Cindy Zimmerman Leave a Comment

2020 was a tough year for everyone, but National Biodiesel Board Chairman Chad Stone is proud that the biodiesel and renewable diesel industry was able to rise and move forward despite the challenges. This was the second year as chair for Stone, who is Renewable Energy Group Senior Vice President for Commercial Performance. “We significantly increased our blend rates within …

Audio, Biodiesel, Biodiesel Conference, National Biodiesel Conference, NBB, REG, renewable diesel

Renewable Energy Group Announces Changes

Cindy Zimmerman

Renewable Energy Group, Inc. this week announced organizational changes in its senior leadership team intended to “accelerate the company’s performance as a leader in a rapidly growing industry.” Chad Stone will move from the Chief Financial Officer position into a newly created role of Senior Vice President, Commercial Performance, overseeing the company’s planning, scheduling and optimization functions to drive commercial …

Biodiesel, biofuels, REG, renewable diesel

REG Plans Expansion of Louisiana Renewable Diesel Plant

Cindy Zimmerman

Renewable Energy Group, Inc. has announced plans for a capacity expansion of its Geismar, Louisiana biorefinery by 250 million gallons annually to 340 million gallons per year. Construction should begin in mid to late 2021 with target mechanical completion date in late 2023. “REG Geismar has proven to be a tremendous asset for our company and is a natural site …

REG, renewable diesel

Biodiesel Industry News

Cindy Zimmerman

The National Biodiesel Board welcomes Matt Herman as the organization’s new Director of Environmental Science. Previously, Herman held positions with the Biotechnology Innovation Organization (BIO) and as Manager of Sustainability for Renewable Energy Group. As Director of Environmental Science, Matt will work closely with NBB’s advocacy team and the membership to ensure that laws and regulations properly reflect the sustainable …

Biodiesel, NBB, REG

REG to Supply Ultra Clean® Diesel in California

Cindy Zimmerman

Renewable Energy Group, Inc. (REG) recently entered into an agreement with Hunt & Sons, Inc. to supply REG Ultra Clean® at 12 locations in Northern California. REG Ultra Clean blends biodiesel and renewable diesel to create one of the lowest carbon intensity liquid fuels available approved by the California Air Resources Board (CARB). Hunt & Sons is a leading California-based …

Biodiesel, REG, renewable diesel

Renewable Energy Group Revises Second Quarter Outlook

Cindy Zimmerman

Leading biodiesel producer Renewable Energy Group, Inc. has revised its second quarter 2020 outlook, which is now expected to be between negative $12 million and negative $2 million. Previously, on April 30, REG estimated a range of $20 million to $35 million. Several factors contribute to the Company’s revised outlook, including inadvertent calculation errors and volatile markets during the second …

Biodiesel, REG

New NBB Chair Optimistic for 2020

Cindy Zimmerman

Renewable Energy Group (REG) CFO Chad Stone was elected as the new chairman for the National Biodiesel Board in November and he addressed the membership at the National Biodiesel Conference this week in Tampa. While 2019 was a disastrous year for the industry, which saw REG having to shut down a plant, Stone is very optimistic about biodiesel going forward. …

Audio, Biodiesel, Biodiesel Conference, REG

Reducing Greenhouse Gas Emissions With Renewable Diesel

Carrie Muehling

Renewable Energy Group (REG) is helping a North Carolina public utility to fuel part of its fleet with renewable diesel. Thirty-four diesel vehicles in the Charlotte Water fleet began running on REG renewable diesel in May. In the first three months, they reduced greenhouse gas emissions by approximately 75 tons, which is equivalent to the greenhouse gas emissions of an …

REG, renewable diesel, Renewable Energy

REG Reports 2019 Q2 Financial Results

Carrie Muehling

Renewable Energy Group, Inc. (REG) announced a net loss for the second quarter ended June 30, 2019. Revenues for the second quarter were $560.6 million on 197.4 million gallons of fuel sold. Net loss from continuing operations attributable to common stockholders was $57.6 million in the second quarter of 2019, compared to net income from continuing operations attributable to common …

AgWired Energy, REG

REG to Close New Boston, Texas Biodiesel Plant

Cindy Zimmerman

Renewable Energy Group (REG) is closing its New Boston, Texas biorefinery “due to challenging business conditions and continued federal policy uncertainty, most notably the long-lapsed federal biodiesel tax credit.” The company acquired the 15-million gallon per-year biodiesel plant near Texarkana, Texas in October 2012 and began producing biodiesel there several months later. The facility is capable of running both high …

Biodiesel, REG