Search Results for 'reg'

REG reports solid Q1 thanks to selling nearly 25% more biodiesel

REG reports solid Q1 thanks to selling nearly 25% more biodiesel

May 23, 2017 |

In Iowa, earlier this month, Renewable Energy Group Inc. reported its financial results for the first quarter of 2017 ended March 31. Revenues for the quarter were $418.9 million on 122.1 million gallons of fuel sold. Compared to the first quarter of 2016, REG sold 24.6 percent more gallons of fuel resulting in an increase in revenue of […]

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EPA approved D5 pathway for REG Geismar

EPA approved D5 pathway for REG Geismar

May 17, 2017 |

In Washington, the Environmental Protection Agency has approved Renewable Energy Group’s pathway application for naptha and liquefied natural gas production to generate advanced biofuel D5 RINs from non-food grade corn oil produced at its Geismar, Louisiana facility. The fuel is produced from a hydrotreated process known as the REG Geisman process that uses grid-based electricity, […]

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Former head of PetroVietnam reprimanded for Dung Quất EPC irregularities

Former head of PetroVietnam reprimanded for Dung Quất EPC irregularities

May 9, 2017 |

In Vietnam, the former head of PetroVietnam during 2006-2011 has been reprimanded by the communist party for corruption during his tenure, including violating the law governing tenders for the EPC contract to build the troubled Dung Quất ethanol plant. The plant has been mothballed and is sitting waiting for a decision about its future, along […]

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More More RHD: REG expanding drop-in diesel?

More More RHD: REG expanding drop-in diesel?

May 7, 2017 |

From Iowa we received news that Renewable Energy Group has agreed to acquire approximately 82 acres of land at its Geismar, Louisiana biorefinery from Lion Copolymer, for $20M. The goal? To improve and utilize to support existing production capacity and future expansion opportunities.  Previously, the land was leased. The near-term gain The transaction is expected […]

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REG secures up to $20 million to finance Ralston expansion project

REG secures up to $20 million to finance Ralston expansion project

May 2, 2017 |

In Iowa, Renewable Energy Group announced it has secured financing of up to $20 million from First Midwest Bank for the $24 million capacity-expansion project at the company’s Ralston, Iowa biodiesel refinery. The upgrade project, announced last November, is expected to increase the annual nameplate capacity of the Ralston biorefinery from 12 million to 30 […]

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EPA opens public comment period on regulations and ACE jumps in

EPA opens public comment period on regulations and ACE jumps in

April 13, 2017 |

In Washington, EPA Administrator Pruitt issued an agency-wide memorandum on implementation of Executive Order 13777 on March 24, which announced members of the required Regulatory Reform Task Force and directed program offices to seek public input on existing regulations and report findings to the Task Force. EPA formerly began seeking public comments on April 11 […]

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Borregaard’s BALI process reaches Technical Readiness Level 7 as BIOFORVER project advances: report

Borregaard’s BALI process reaches Technical Readiness Level 7 as BIOFORVER project advances: report

March 26, 2017 |

In Norway, the BALI demonstration plant operated by the BIOFOREVER project reports that the successful scale-up from lab by a factor of 1000 and several years of operation in a semi-commercial scale suggests that the BALI technology is at TRL (Technology Readiness Level) 6-7. In September 2016 a consortium of 14 European companies started the […]

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RFS volumes for 2017 back on following expiry of regulatory freeze

RFS volumes for 2017 back on following expiry of regulatory freeze

March 22, 2017 |

In Washington, the Regulatory Freeze Pending Review by the new US administration, which was applied to the renewable fuel volume requirements for 2017, has expired. Hence, the Environmental Protection Agency (EPA) continues to implement the final ruling under the Renewable Fuel Standard (RFS) program as published on 23 November 2016. The ruling calls for increases […]

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REG hits second billion gallon milestone 33 months after first billion

REG hits second billion gallon milestone 33 months after first billion

March 6, 2017 |

In Iowa, Renewable Energy Group reported that it achieved the second billion gallon milestone this past January, just 33 months after hitting the 1 billion gallon milestone in 2014. An important part of REG’s sales growth and significant cash flow generation is the successful operation at full production capacity at REG Geismar, the company’s 75 MMgy renewable hydrocarbon diesel biorefinery […]

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REG crosses 2B gallon biomass-based diesel production mark, completes Petrotec acquisition

REG crosses 2B gallon biomass-based diesel production mark, completes Petrotec acquisition

March 3, 2017 |

In Washington, REG announced on the sidelines at the Advanced Bioeconomy Leadership Conference that the company has sold more than two billion gallons cumulatively of biomass-based diesel, less than  than 3 years after marking its first billion gallons of cumulative biomass-based diesel sales. REG CEO Dan Oh, whose company vaulted this week to #3 in the world in […]

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