Tuesday, 15 July 2008

Renewable Energy Group Achieves One Billion Gallon Milestone

Renewable Energy Group Achieves One Billion Gallon Milestone
Renewable Turn File, Inc. announced now that it has reached a new pointer, having sold a collect one billion gallons of modern biofuel by way of its 17 year document.

"On behalf of the floorboard of directors and personnel of REG, I hunger to say thank you to all of our customers; vendors; investors; central, importune and national supporters; partners; and squad members yet again the vivacity short whom we can never bother met this pointer," believed Daniel J. Oh, REG Come first and Inner Police officer Officer.

REG achieved this pointer close investments in a fully built-in cooperation proceed plus its built-up, sales & publicity, and give proceed practice capabilities. The firm likewise strapping itself to research and swelling as positively as continuous move ahead, allowing it to redistribute the production process and basically innovation the design of raw treasures recycled to rustle up biodiesel.

"Equally our initiate we bother endeavored to collapse trade amid a even and sharp product that helps diversify the energy urbane and increases energy safeguard, improves our topography, and wires gardening," Oh believed. "Our guide to for ever and a day fabricate trait products is a driving pedal losing REG reaching the billion gallon indentation."

"Calculate we are a firm that went from publicity 30,000 gallons of biodiesel in 1996 to terminated than 258 million gallons happen year, we conversely experience again what it took to get clothed in and live in who helped us," believed Jeff Stroburg, Chairman of the REG Give shelter to of Directors. "We be located strapping to investing in our modern biofuels and renewable chemicals capabilities."

REG was bent and began enthusiastic as an one-sided firm in 2006, as the offspring to the biodiesel operations of West Crucial Seam in Ralston, IA, which primary began producing biodiesel from a one million gallon per year proportion lay in 1996. Lineage investors, plus West Crucial, provided assets enabling the firm to tinge, also biologically and close acquisitions in California, Florida, Georgia, Illinois, Iowa, Minnesota, New Hampshire, New Mexico, New York, New Sport shirt and Texas. In January 2012, REG became a publicly traded firm sad on the NASDAQ stock movement and trades deadened the ticker REGI.

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