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Call to Action for a Truly Sustainable Renewable Future
August 8, 2013 – 5:07 pm | No Comment

-Include high octane/high ethanol Regular Grade fuel in EPA Tier 3 regulations.
-Use a dedicated, self-reducing non-renewable carbon user fee to fund renewable energy R&D.
-Start an Apollo-type program to bring New Ideas to sustainable biofuel and …

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Home » Aggregation, BioRefineries, Business News/Analysis, European Union (EU), Feedstocks, Infrastructure, Marketing/Markets and Sales, Not Agriculture

REG Crosses 2B Gallon Biomass-Based Diesel Production Mark, Completes Petrotec Acquisition

Submitted by on March 7, 2017 – 6:15 pmNo Comment

by Jim Lane (Biofuels Digest)  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.

It took REG nearly 18 years to sell its first billion gallons of biofuel between 1995 and April 2014.  Through accelerated growth over the last 10 years, which includes expansion into the European market, REG achieved the second billion gallon milestone in just 33 months this past January.

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 million gallon nameplate capacity renewable hydrocarbon diesel biorefinery in Geismar, Louisiana.  Following two incidents in 2015, REG made repairs and process improvements at the biorefinery including added feedstock and finished fuel storage and significant proprietary pretreatment capabilities.  With those improvements online, the Geismar plant has run continuously at or above 100% nameplate capacity since early October 2016.

REG also announced it has completed the acquisition of Petrotec, the leading used cooking oil to biodiesel producer in Continental Europe. The acquisition brings to REG an excellent team, two waste-based biodiesel plants (Emden and Oeding, Germany) and Vital Fettrecycling, a used cooking oil collection business. These assets are already operating in an integrated manner within REG’s network and team.  This expansion into Europe increases REG’s worldwide nameplate capacity to over 500 million gallons annually and establishes a position for international trade and further growth opportunities.  READ MORE

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