Renewable Energy Group Expands Its Ralston, Iowa, Biorefinery
11/11/2016
”REG Ralston has been an efficient biorefinery with an ample supply of lower cost, lower carbon intensity feedstock next door connected by a pipe, and the original nameplate capacity was tied to the output of soybean oil from the adjacent crush,” said Daniel J. Oh, President. “This expansion matches the greater output volume from the newly expanded soy crush at Landus Cooperative.”
According to company officials, in addition to the capacity expansion, the project will include logistics improvements and other site enhancements. Up to $20 million in long-term debt financing is expected to be provided for this project. “The decision by Landus Cooperative to expand their soy crush facility presented REG with an excellent, efficient opportunity,” said Brad Albin, Vice President, Manufacturing. “With a greater, adjacent feedstock supply and our history of continuous improvements, this capacity expansion is a logical investment.”
Governor Terry Branstad said, "I was here in the 1990’s when biodiesel was just a dream,” he said. “I am honored to participate in the expansion of Iowa’s first continuous flow biodiesel plant. REG has demonstrated an ongoing commitment to investing in Iowa and building a future for this state in homegrown, advanced biofuel.”
Once completed, the Ralston expansion will increase REG’s cumulative nameplate capacity from its 11 active biomass-based diesel plants across the US to 470 million gallons annually.
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