Renewable Energy Group Expands Its Danville, Illinois, Production Facility
05/03/2016
REG Danville, LLC recently purchased the tank complex at the adjacent Bunge Milling, Inc. facility for approximately $1.5 million. The tanks are being connected to REG Danville’s existing infrastructure and will increase the biorefinery’s storage capacity for feedstock by at least 950,000 gallons and biodiesel by up to 12 million gallons.
“This is another strategic investment into REG Danville that gives us greater flexibility for moving and storing feedstocks and our high quality biodiesel,” said Brad Albin, Vice President, Manufacturing. “This and the ongoing upgrades will allow us to better serve our customers and vendors along the value chain.”
REG utilizes a nationwide production, distribution and logistics system as part of an integrated value chain model to focus on converting natural fats, oils and greases into advanced biofuels and converting diverse feedstocks into renewable chemicals. With 12 active biorefineries across the country, research and development capabilities and a diverse and growing intellectual property portfolio, REG is committed to being a long-term leader in bio-based fuels and chemicals.
In July 2015, REG began a separate $31 million upgrade project at the multi-feedstock 45-million gallon nameplate capacity biorefinery that will add other logistics enhancements along with biodiesel distillation capabilities.
According to company officials, through this expansion and the purchase of the Bunge tanks, REG Danville has expanded its footprint around the original facility and now sits on nearly 30 acres. The upgrade project is scheduled to be completed later this year.
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