During the National Biodiesel Conference, Renewable Energy Group (REG) held an outlook conference at which they provided an overview of the company as well as a look ahead. One of the speakers was Vice President, Sales and Marketing, Gary Haer.
Gary says the new RFS-2 gives the industry a good foundation for demand. He says the industry took a step back last year but he sees good market opportunities coming. Another driver for growth will be state initiatives like those in states like Minnesota. Some are in place now or are expected at a future date. He says REG assists in these state processes with staff that work on government relations. Other drivers include the biodiesel specifications that may require labeling in some states.
Gary says that the company plans to have a free webinar available on RFS-2 on February 24th. Information about it should be available on their website.
REG has released several reports that are available for download:
You can listen to Gary’s comments below.