REG acquires U.S. Biodiesel Group

By | July 14, 2008
Renewable Energy Group Inc. acquired U.S. Biodiesel Group in early June. With the transaction, REG acquired a 35 MMgy biodiesel production facility near Houston-renamed REG Houston-on a terminal site that was formerly operated by LBC Tank Terminals in Seabrook, Texas, and a liquid storage terminal in California. The deal came less than one month after REG closed a deal expanding its network through management and operation service agreements at a 45 MMgy facility in Danville, Ill.
 
 
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