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After receiving court approval, REG Synthetic Fuels is purchasing certain equipment from the bankrupt KiOR cellulosic diesel plant in Mississippi, including a 12-million gallon hydrotreating unit, distillation column and tankage, for $1.5 million.
September 15, 2015
Renewable Energy Group Inc. celebrated the formal opening of the newest addition to its fleet of biomass-based diesel refineries Sept. 14 with a ribbon cutting at REG Grays Harbor LLC. The plant is REG's 11th, and largest, biorefinery.
September 11, 2015
According to University of Illinois economist Scott Irwin, a precipitous drop in biodiesel RIN prices, which outpaces the blend margin decline by more than two-fold, suggests that traders are banking on reinstatement of the biodiesel tax credit.
September 08, 2015
Swedish specialty chemical company and biodiesel producer Perstorp announced it is acquiring a biodiesel plant in Fredrikstad, Norway, with plans to move the assets to Perstorp's biodiesel manufacturing facility in Stenungsund, Sweden.
September 01, 2015
Lakeview Energy LLC has purchased the assets of the former Producer's Choice Soy Energy facility in Moberly, Missouri, along with nearly 7 acres of land. The company plans to invest close to $5 million to upgrade the biodiesel production plant.
August 31, 2015
Inventure Renewables, a subsidiary of Singapore-based holding company Inventure International (Pte) Ltd., has ended its relationship with Alchimia for exclusive licensing rights to Inventure’s patented process technologies in the western hemisphere.
August 27, 2015
The defendants were all employees and officers of New Energy Fuels LLC, a business in Waller, Texas, that claimed to process animal fats and vegetable oils into biodiesel. The defendants subsequently relocated, operating a similar scheme in Ohio.
August 27, 2015
U.K.-based biodiesel producer Olleco has acquired Convert2Green Ltd., a used cooking oil collection company and biodiesel manufacturer also located in the U.K. With the acquisition, the number of Olleco's depots across the U.K. has increased to 17.
August 21, 2015
The acquisition of Imperium Renewables' assets by Renewable Energy Group has been completed. The assets include a 100 MMgy biodiesel plant, now called REG Grays Harbor LLC, and deep-water port terminal at the Port of Grays Harbor, Washington.