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REG completes Petrotec acquisition, sales top 2 billion gallons

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By Renewable Energy Group Inc.

March 03, 2017

BusinessDistributionProductionNorth AmericaEurope

REG announced several recent milestones, including five months of continuous full production in Geismar, 100 percent ownership of Petrotec's assets in Germany, and surpassing 2 billion gallons sold with the second billion coming in just 33 months.

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In advance of its annual Biodiesel Day on the Hill, the Iowa Biodiesel Board announced Feb. 27 the state's capacity to produce biodiesel is on the rise by nearly 20 percent, from 334 to almost 400 MMgy. Plant expansion projects led to the boost.

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With help from investors, Cielo Waste Solutions plans to fast-track deployment of its renewable diesel technology at a shuttered, gutted biodiesel plant in Alberta. Whether CWS can turn its dreams into cash returns for investors remains to be seen.

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Minnesota Soybean Processors and its subsidiary North Dakota Soybean Processors are moving forward with plans to build a $240 million soybean crush facility and refinery in Spiritwood, North Dakota. The complex will include a 30 MMgy biodiesel plant.

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Neste Corp. is evaluating investment in new production capacity in Singapore and the U.S. The news comes after its most profitable year yet in renewables and speculation on how the new U.S. administration will view subsidized imported product.

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The U.S. biodiesel sector is coming off its greatest year yet and there are so many stories to tell. Consider telling yours by submitting a speaker abstract for the 2017 National Advanced Biofuels Conference & Expo June 19-21 in Minneapolis.

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Event organizer and Biodiesel Magazine publisher BBI International is now accepting speaker abstracts for the 2017 National Advanced Biofuels Conference & Expo June 19-21 in Minneapolis. Of particular interest is abstract submissions on biodiesel.

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Research and Markets is offering a new 168-page report, Biodiesel Market - Global Forecast to 2021, in which the analysts find that the global biodiesel market is projected to surpass $41 billion by 2021 at a CAGR of 3.8 percent from 2016-'21.

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BDI's latest biodiesel plant optimization work in the U.S. will occur on the East Coast at American GreenFuels LLC, a wholly owned subsidiary of Kolmar Americas Inc. Kolmar has contracted with BDI to modernize the New Haven, Connecticut-based plant.

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Policy notes and quotes from the 2017 National Biodiesel Conference & Expo, and my own perspective on what could truly make Trump a biodiesel believer

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U.S. consumers saw a record of almost 2.9 billion gallons of biodiesel and renewable diesel in 2016, outpacing the previous record by 38 percent. Domestic production surpassed 1.8 billion gallons while imports surged to more than 1 billion gallons.

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World Energy Biox Biofuels, a joint venture between World Energy and Biox, has completed commissioning of its 90 MMgy biodiesel facility in Houston. The plant was purchased by the JV in summer 2016 and began operating at full capacity in December.

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The U.S.'s largest biodiesel manufacturer, Ames, Iowa-based Renewable Energy Group Inc., matures from its single plant, single feedstock origins to a multifeedstock, multinational business.

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From the Winter 2017 print edition of Biodiesel Magazine, Gene Gebolys, the founder and president of World Energy, takes us on his and World Energy's fantastic journey through the ups and downs of biodiesel over the past 20 years.

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From the Winter 2017 print edition of Biodiesel Magazine, this cover article dives into the past year's resurgence in U.S. biodiesel project expansions, upgrades, imports and M&As. It was a time unlike any in recent history. But what will 2017 bring?

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Behind the Scenes

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By Ron Kotrba

January 12, 2017

No matter a biodiesel plant's scale and irrespective of what pretreatment, reaction and purification techniques are employed, the utilization, selection and positioning of key equipment—often ignored in the press—are critical to efficient operations.

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From the Winter 2017 print edition of Biodiesel Magazine, Will Smith, the owner of Springhouse Consulting, reviews available lower-quality biodiesel feedstocks and the commercial processes employed for successful biodiesel conversion.

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A consortium led by the Water Environment & Reuse Foundation has been selected by the U.S. DOE for award negotiations to begin Phase 1 design and planning for a pilot plant to produce hydrocarbon fuels at a municipal wastewater treatment facility.

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On BDI-BioEnergy International's 20-year anniversary, Biodiesel Magazine takes a look back at the company's beginnings, accomplishments and biodiesel production technology.

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Iowa's 2016 biodiesel production reached a recording-breaking total of 297 million gallons, surpassing 2015's total 242 million gallons by 55 million gallons. This 23 percent increase is largely attributed to federal policy certainty.

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At approximately 1:00 a.m. on Dec. 24, a small fire began in a single piece of equipment at the Iowa Renewable Energy biodiesel facility in Washington, Iowa. Ron Lutovsky, the plant's CFO and COO, issued a statement on the accident.

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A sneak peak at the contents of our 2017 Winter print edition of Biodiesel Magazine

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The U.S. EPA has released RIN generation data for November, reporting that nearly 1.66 billion RINs were generated during the month, including nearly 377.15 million D4 RINs, bringing 2016's net total D4s through November to 3.47 billion.

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Biodiesel Magazine is hosting a free webinar Thursday, Dec. 15, at 2 p.m. CST, on how MSA from BASF, available in two different concentrations, can improve efficiency and performance at biodiesel and ethanol production facilities.

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Two Singapore-based companies, Agritrade Resources Ltd. and Solfuels Holdings Pte Ltd., have jointly acquired the former Delta American Fuel LLC biodiesel plant in Helena, Arkansas. The facility will be retrofitted with multifeedstock technology.

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Two prolific biofuel market analysts and ag economists from the University of Illinois, Darrel Good and Scott Irwin, say the U.S.'s annual production and consumption of biomass-based diesel is likely to continue to increase through 2022.

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EIA has released a December edition of its Short-Term Energy Outlook. EIA says U.S. biodiesel production in 2015 was 1.26 billion gallons with net imports at 475 MMgy. In 2017, production is forecast at 1.6 billion with net imports of 782 MMgy.

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Frost & Sullivan recognizes Biogreen Diesel with the 2016 South Africa Company of the Year Award. Biogreen has earned a reputation for delivering high-quality biodiesels that are sourced ethically and manufactured using the industry-best standards.

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The European Commission issued its proposal for the post-2020 RED. The EU plans to reduce first-gen biofuels from 7 to 3.8 percent. Biodiesel interests say this is a victory for fossil fuels at the expense of farmers, jobs and the environment.

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BASF is introducing a new version of its Lutropur brand of methanesulfonic acid (MSA) with higher active concentration for multiple applications in biodiesel and ethanol processing. BASF's new Lutropur MSA-XP features 94 percent active concentration.

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