REG commissions $32 million in upgrades to the Ralston, Iowa biorefinery

In Iowa, Renewable Energy Group, Inc. celebrated with local, state and industry leaders the completion of upgrades at its Ralston, Iowa biorefinery increasing the production capacity from 12 to 30 million gallons per year. REG invested $32 million to expand the production capacity as well as significant upgrades to logistics and storage capabilities.

REG broke ground on this expansion in November of 2016 with an initial $24 million commitment. As the project developed, REG invested $8 million for additional improvements. First Midwest Bank provided $20 million to partially finance the expansion.