AMES, IOWA – October 6, 2020 – Renewable Energy Group, Inc. (NASDAQ: REGI) announced today that it plans to undertake a capacity expansion of its Geismar, Louisiana biorefinery by 250 million gallons annually to 340 million gallons per year.
This announcement follows a thorough review and site selection process. Construction should begin in mid to late 2021 with target mechanical completion date in late 2023.
Renewable diesel is a 100 percent renewable, drop-in fuel alternative to diesel fuel. Renewable diesel has seen strong demand particularly in regions focused on lowering carbon emissions in transportation fuels.
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