Tag: REG

REG completes $20 million land purchase to expand Geismar facility

REG completes $20 million land purchase to expand Geismar facility

June 21, 2017 |

In Louisiana, Renewable Energy Group Inc. announced it has completed the $20 million acquisition of approximately 82 acres of land at and in close proximity to its Geismar, Louisiana, biorefinery from Lion Copolymer. The purchase includes land REG previously leased for its Geismar operations and approximately 62 additional acres in parcels adjacent to and near the facility. The […]

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REG DeForest suffers $1 million in fire damage

REG DeForest suffers $1 million in fire damage

June 8, 2017 |

In Wisconsin, the former Sanimax biodiesel plant in DeForest suffered about $1 million in damage from a fire on Thursday morning. The cause of the fire at the 20 million gallon facility currently owned by the Renewable Energy Group is unknown and still under investigation. REG bought the facility in February 2016 for about $11 […]

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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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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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Advanced biorefining leadership: The Digest’s 2017 Multi-Slide Guide to Renewable Energy Group

Advanced biorefining leadership: The Digest’s 2017 Multi-Slide Guide to Renewable Energy Group

March 23, 2017 |

Renewable Energy Group, Inc. (NASDAQ: REGI) is a leading provider of cleaner, lower carbon intensity products and services. We are an international producer of biomass-based diesel, a developer of renewable chemicals and are North America’s largest producer of advanced biofuel. REG utilizes an integrated procurement, distribution, and logistics network to convert natural fats, oils, greases, […]

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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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The Uber Model for industrial biotechnology, on display at REG Okeechobee?

The Uber Model for industrial biotechnology, on display at REG Okeechobee?

January 26, 2017 |

The REG Okeechobee facility is now “open for business” as a contract manufacturing site, and that’s a fascinating development worth exploring, even if you don’t have a microbe you would like to manufacture without the expense and hassle of building your own fermentation capacity. From Europe to the United States, we’ve seen the rise of […]

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REG starts Ralston biorefinery expansion to 30M gallons

REG starts Ralston biorefinery expansion to 30M gallons

November 13, 2016 |

In Iowa, Renewable Energy Group held a groundbreaking ceremony Tuesday to formally launch a $24 million expansion of its Ralston, IA biorefinery from 12 million to 30 million gallons of annual nameplate production capacity. Iowa Governor Terry Branstad and Lieutenant Governor Kim Reynolds were the featured guests at the event attended by several business leaders […]

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REG to jump Ralston, Iowa biorefinery capacity to 30M gallons

REG to jump Ralston, Iowa biorefinery capacity to 30M gallons

November 6, 2016 |

In Iowa, REG announced plans for its first biorefinery capacity expansion today -a $24 million investment to increase REG Ralston’s annual nameplate production capacity to 30 million gallons.  The company will hold a groundbreaking ceremony for the project on Tuesday, November 8 with Iowa Governor Terry Branstad as the featured speaker. Once completed, the Ralston […]

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REG to invest $24 million to expand Ralston production capacity to 30 million gallons

REG to invest $24 million to expand Ralston production capacity to 30 million gallons

November 2, 2016 |

In Iowa, REG announced plans for its first biorefinery capacity expansion, a $24 million investment to increase REG Ralston’s annual nameplate production capacity to 30 million gallons. The company will hold a groundbreaking ceremony for the project on Tuesday, November 8 with Iowa Governor Terry Branstad as the featured speaker. The REG Ralston expansion announcement […]

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