REG’s FY2013 results announced; 48% increase in revenue

In Iowa, REG has announced its financial results for FY2013, with a 37% increase in gallons of biodiesel sold and increased revenue by 48%. REG sold 72.9 million gallons of biodiesel, an increase of 89.9% compared to Q4 of 2012; the growth in production was accounted for with the restart of REG’s Mason City plant in October.

“I am pleased to announce strong operational and financial results for 2013. We grew significantly across key metrics and finished the year a much stronger company,” said Daniel J. Oh, President and Chief Executive Officer.

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