REG passes 50 million gallons per month of biomass-based diesel in August

In Iowa, Renewable Energy Group announced that the company sold more than 50 million gallons of biomass-based diesel during the month of August 2016. The sales volume created a new milestone for REG and was a first in the company’s history.

The biomass-based diesel sold by REG in August is estimated to have displaced greenhouse gas emissions equal to approximately 35 million gallons of petroleum-based diesel and more than 360,000 metric tons of CO2 emissions. Over the first half of 2016, REG biomass-based diesel on average is estimated to have reduced lifecycle GHG emissions by approximately 72 percent compared to petroleum-based diesel.

REG sold approximately 50.9 million gallons of biodiesel and renewable hydrocarbon during the month. The figure does not include sales from Petrotec, the German biodiesel producer in which REG has majority ownership.