Renewable Energy Group’s (REG) hydrocarbon diesel (RHD) refinery, located in Geismar, Louisiana, has had its second fire this year. According to REG, on Friday, September 4th, at approximately 12 a.m. central, a fire occurred at their Geismar biorefinery. In a statement, REG said emergency crews quickly responded to contain the fire and it was declared completely extinguished at 4:20 a.m. …
REG Expands Biodiesel Giant’s Iowa Headquarters
Iowa-based Renewable Energy Group, Inc. is expanding its Ames headquarters complex. This company news release says REG marked the ocassion with a formal ribbon-cutting ceremony. The 12,000-square foot space at 215 Alexander Avenue is just a short walk from REG’s main headquarters building at 416 S. Bell Avenue, which the Company has occupied since moving its business operations from Ralston …
REG to Acquire Imperium Renewables
Biodiesel giant Renewable Energy Group (REG), based in Iowa, will acquire Seattle-area Imperium Renewables. REG says the deal includes a 100-million gallon nameplate capacity biomass-based diesel refinery and deepwater port terminal at the Port of Grays Harbor, Washington. Under the terms of the agreement, REG will pay Imperium $15 million in cash and issue 1.5 million shares of REG common …
UPS Substantially Ups Renewable Diesel Use
Shipping giant UPS is taking a giant leap forward in its use of renewable diesel. The company announced agreements to buy and use up to 46 million gallons of renewable fuels over the next three years, a 15-fold increase over prior contracts and making UPS one of the largest users of renewable diesel in the world. The agreements with three …
REG Upgrading Illinois Biodiesel Plant
Renewable Energy Group is investing $31 million to upgrade and enhance the company’s Danville, Illinois biodiesel refinery. This company news release says the improvements will add biodiesel distillation capabilities to the 45-million gallon nameplate capacity biorefinery, as well as making pretreat capacity improvements, along with storage, logistics and other optimization enhancements. “REG Danville already has a proven record of success …
Louisiana REG Plant Update
Damage to the Renewable Energy Group (REG) Geismar, Louisiana biorefinery from an April 2 fire will take 2-4 months to repair, according to the company. “While preliminary damage assessments are still ongoing, the damage appears to be contained to a limited area of the production facility,” REG reports in an update this week. “The Company plans to incorporate a one-month …
Fire Shuts REG Louisiana Refinery
A Geismer, Louisiana renewable hydrocarbon diesel (RHD) refinery owned by Iowa-based Renewable Energy Group (REG) is closed after a fire on April 2 which injured two people, according to the company. REG reports that the fire was contained within a few hours and the two injured employees were in fair condition. “An assessment and investigation into the cause of the …
Iowa State Students to Ride Smarter on Biodiesel Bus
Students at Iowa State University will get to class a little smarter… and not just because of good study habits. The school and the university’s hometown of Ames, Iowa have inked a deal with Iowa-based Renewable Energy Group (REG) that will see CyRide, the transit agency serving the City of Ames and Iowa State University, to supply biodiesel blended fuel …
Biodiesel Giant REG Adds Harding to Board
Biodiesel giant Renewable Energy Group has added an international business veteran to its board of directors. This company news release says Peter J. M. Harding was elected to the post. Harding has served in leadership roles for international businesses involved in commodities trading and asset management. Most recently, he was the Chief Executive Officer and a member of the Board …
REG Finishes Upgrades to Iowa Biodiesel Plant
Renewable Energy Group has finished upgrades to its Newton, Iowa biorefinery. This company news release says the 30-million gallon nameplate plant in Newton, Iowa, will produce an even higher purity biomass-based diesel from a wider variety of raw materials. “Enhancing REG Newton’s distillation and processing capabilities strengthens our lower-cost, multi-feedstock biomass-based diesel business and provides customers with more fuel options …