Renewable Energy Group Completes $32 Million Ralston Biodiesel Expansion
"REG is positioned for long-term growth along with the entire biodiesel industry. We are proud of the project's completion as it shows our ability to deliver more high quality products to meet market demand," said
REG broke ground on this expansion in November of 2016 with an initial
In total, the project included 150,000 man hours and onsite peak manpower was up to 160 workers. The project was completed with zero recordable injuries.
"The Ralston plant was first built in 2002, as we moved forward with the expansion, we also took the time to improve key safety items including a fire protection system and a storm shelter," said
REG Ralston is one of the company's 13 biomass-based diesel refineries. REG has a combined effective production capacity of 565 million gallons per year.
About Renewable Energy Group
Note Regarding Forward-Looking Statements
This press release contains certain forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995 as amended, including statements regarding REG Ralston being positioned for long-term growth along, the growth of the biodiesel industry, and REG's ability to deliver more high quality products to meet market demand. These forward-looking statements are based on current expectations, estimates, assumptions and projections that are subject to change, and actual results may differ materially from the forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, REG's ability to successfully operate the
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