Renewable Energy Group Completes $21 Million Upgrade at Minnesota Biodiesel Plant

Updated

Renewable Energy Group Completes $21 Million Upgrade at Minnesota Biodiesel Plant

REG Albert Lea now able to use wide variety of lower cost raw materials

ALBERT LEA, Minn.--(BUSINESS WIRE)-- Renewable Energy Group® (NAS: REGI) recently completed $21 million in technology upgrades at its 30 million gallon biodiesel refinery in southern Minnesota. The on-time, on-budget upgrades allow REG Albert Lea to run a wide variety of locally-sourced agricultural byproducts such as animal fats, used cooking oils, inedible corn oils and yellow grease as well as vegetable oils.


Within days of start-up, all biodiesel produced met the company's REG-9000® quality specifications, which exceed the industry's ASTM B100 standard. The multiple feedstock product has been available since June 19, 2013 and enhances biodiesel product availability options as the State of Minnesota prepares to increase its diesel blending requirement from B5 to B10.

REG will celebrate the project with an official ribbon cutting ceremony later this summer.

Photos of the site and new product can be found online.

Renewable Energy Group® is a leading North American biodiesel producer with a nationwide distribution and logistics system. Utilizing an integrated value chain model, Renewable Energy Group is focused on converting natural fats, oils and greases into advanced biofuels. With more than 225 million gallons of owned/operated annual production capacity at biorefineries across the country, REG is a proven biodiesel partner in the distillate marketplace.

For more than a decade, REG has been a reliable supplier of biodiesel which meets or exceeds ASTM quality specifications. We sell REG-9000® biodiesel to distributors so Americans can have cleaner burning fuels that help lessen our dependence on foreign oil. REG-9000® branded biodiesel is distributed in nearly every state in the U.S.



Renewable Energy Group
Alicia Clancy, 515-239-8118
Alicia.clancy@regi.com

KEYWORDS: United States North America Minnesota

INDUSTRY KEYWORDS:

The article Renewable Energy Group Completes $21 Million Upgrade at Minnesota Biodiesel Plant originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement