Renewable Energy Group (REG) has announced it is increasing the annual capacity of its Ralston, IA biodiesel plant to 30 million gallons. Once the company’s largest biodiesel facility at 12 million gallons per year, over time it became REG’s smallest nameplate capacity. When the plant was built in 2001, it was a division of West Central Cooperative, now Landus Corporation. …
REG Gray’s Harbor Set for Improvements
REG Grays Harbor, LLC is set for several improvements with compliments of an additional $5 million credit facility from Umpqua Bank. The bioefinery is the largest of all of Renewable Energy Group’s (REG) biodiesel plants with a nameplate capacity of $100 million gallons of biodiesel per year. This is just one major plant upgrade investment REG has recently made. Last …
REG Repays GoZone Bonds Ahead of Schedule
The Renewable Energy Group (REG) has paid off Gulf Opportunity Zone bonds valued at $100 million ahead of schedule. The bonds were issued to help finance construction of the company’s 75 million gallon per year renewable hydrocarbon diesel refinery located in Geismar, Louisiana and were provided by the Louisiana Public Facilities Authority (LPFA). In connection with payment in full, the …
Webinar: Growing Your Business with #Biodiesel
Fuel Marketer News and REG are hosting a webinar on September 22, 2016 at 1:30 CDT entitled, “Growing Your Business with Biodiesel Blended Fuel.” The webinar will focus on how to grow your business with biodiesel with a case study from Growmark on how they use biodiesel blended fuel to drive margin for their fuel business. Speakers include REG’s Executive …
#Biodiesel Industry Calls 2018 RVO Shortsighted
The biodiesel industry is calling the required volumes of the advanced biofuels category under the Renewable Fuel Standard shortsighted in reaction to the EPA’s release of the 2018 RVO proposal. The amount of increase in biodiesel from 2017 to 2018 was a mere 100 million gallons. The Iowa Biodiesel Board is calling on the EPA to set volumes that more …
REG Begins Ames Lab Expansion
Renewable Energy Group has begun its expansion of its laboratory at its Ames, Iowa headquarters. The upgraded lab will enable the company to further enhance renewable chemical related biotechnology research, development and commercialization including the installation of fermentation equipment and significant analytical capabilities. Once complete, full-time positions will be added to focus on commercialization and integration of products to be …
REG Buys Sanimax Biodiesel Plant
Biodiesel giant Renewable Energy Group got a little bit bigger. This company news release says REG bought Sanimax Energy, LLC’s 20 million gallon nameplate capacity biodiesel refinery located in DeForest, Wisconsin. Under the asset purchase agreement, REG will pay Sanimax approximately $11 million in cash and will issue 500,000 shares of REG common stock in exchange for the biorefinery and …
ExxonMobil, REG to Study Biodiesel from Cellulose
Big oil is partnering up with a giant in biodiesel production to explore the potential of biodiesel made from cellulosic sugars. This news release from Renewable Energy Group (REG) says the green fuel company is partnering with ExxonMobil to make the biodiesel by fermenting renewable cellulosic sugars from sources such as agricultural waste. REG has developed a patented technology that …
Biodiesel Giant REG Says ‘No’ to Crude Oil at Port
Biodiesel giant Renewable Energy Group (REG) doesn’t want to ship crude oil through its new port and plant in Washington state. This article from the Seattle Times says the Iowa-based company is leaving crude oil out of its plans for the mammoth Grays Harbor biodiesel plant REG bought last summer from Imperium Renewables. The document was filed in late November, …
REG Celebrates Opening of Washington Refinery
Biodiesel giant Renewable Energy Group (REG) has cut the ribbon on its latest refinery. This company news release says REG formally opened the 100-million gallon capacity Grays Harbor, Washington, biorefinery, formerly owned by Imperium. “REG Grays Harbor’s addition to REG is a significant milestone for our company,” said Daniel J. Oh, President and CEO, noting that the plant is the …