Renewable Energy Group Closes Houston Biodiesel Plant

Cindy Zimmerman

Renewable Energy Group (REG) has announced the closing of its 35 million gallon per year biodiesel production facility located near Houston, Texas. The company acquired and commissioned the plant in 2008 and has been operating it since. “We have made the decision not to renew the lease for our REG Houston biorefinery, which would have imposed an uncompetitive fixed cost …

Biodiesel, REG

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

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

Renewable Energy Group Expands Ralston Plant

Carrie Muehling

Biodiesel producer Renewable Energy Group (REG) has more than doubled the plant capacity at its Ralston, Iowa, facility. “We congratulate REG on this expansion of its flagship biodiesel plant in Ralston,” said Grant Kimberley, executive director of the Iowa Biodiesel Board. “We are fortunate that REG has its headquarters here in Iowa, and continues to invest heavily in biodiesel infrastructure, …

Biodiesel, REG

New Fuel Solution From Renewable Energy Group

Carrie Muehling

REG Ultra Clean Diesel is the newest diesel fuel from Renewable Energy Group, Inc. REG Ultra Clean Diesel, among the lowest emission diesel fuels on the market today, is a patent-pending fuel made of a proprietary blend of renewable diesel and biodiesel. REG Ultra Clean Diesel is California Air Resources Board (CARB) approved for year-round use throughout California under the …

Biodiesel

Renewable Energy Group Transitions Leadership

Cindy Zimmerman

The board of Renewable Energy Group (REG) today announced the succession plan for a seamless transition of the company’s leadership positions. The board offered unanimous approval of Jeff Stroburg’s request to transition from the dual position of Chairman of the Board and Chief Executive Officer to the sole role of Chairman of the Board. Daniel Oh, currently President and Chief …

Biodiesel, REG

Renewable Energy Group Makes Acquisitions

Cindy Zimmerman

Leading biodiesel producer and marketer Renewable Energy Group (REG) announced a couple of major acquisitions today that will improve the company’s access to used cooking oil supply for biodiesel production. The Ames, Iowa company is acquiring Tellurian Biodiesel of California and American BDF, a joint venture owned by Tellurian, Golden State Service Industries and Restaurant Technologies Inc. (RTI) that focused …

Biodiesel

RFA Provides Input to GREET Working Group

Cindy Zimmerman

As the clock continues to tick, the Sustainable Aviation Fuel Interagency Working Group continues its work on a modified GREET model for the 40B SAF tax credit. The Renewable Fuels Association this week provided some input to the working group regarding what time period should be used for land use change (LUC) emissions accounting under the new model. In a …

Ethanol, Ethanol News, Renewable Fuels Association, RFA

Groups Urge EPA to Issue E15 Emergency Waiver

Cindy Zimmerman

With ongoing challenges to America’s energy security and summer just around the corner, advocates for agriculture and renewable fuels are urging the Environmental Protection Agency to authorize the summer sale of gasoline blended with up to 15 percent ethanol before May 1. The Renewable Fuels Association, Growth Energy, National Corn Growers Association, American Farm Bureau Federation, National Farmers Union, and …

E15, Ethanol, Ethanol News, Renewable Fuels Association, RFA