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Renewable Energy Group Reports Second Quarter 2017 Financial Results
Aug 3, 2017
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Q2 2017 Highlights
160 million gallons sold, up 7% y/y117 million gallons produced, up 3% y/yNet loss of $34.8 million or $0.90 per shareAdjusted net loss of $2.3 million, or $0.06 per share, excluding the non-cash expense of $32.5 million for the convertible debt conversion liabilityAdjusted EBITDA of $19.7 million, up 145% y/yGeismar $20 mil...
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Renewable Energy Group Welcomes Minnesota Certification of Summertime B20 Requirement Beginning Next Year
Aug 3, 2017
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ALBERT LEA, Minn., Aug. 03, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group, Inc. (NASDAQ:REGI) leaders commended Minnesota officials Tuesday for certifying that the state can move from a 10 percent biodiesel blend (B10) to a 20 percent blend (B20) requirement for summertime months beginning May 1, 2018.
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REG Experts Testify at EPA Hearing on How Biomass-Based Diesel Volumes Should Continue to Grow
Aug 1, 2017
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WASHINGTON, Aug. 01, 2017 (GLOBE NEWSWIRE) -- Three leaders from Renewable Energy Group (NASDAQ:REGI) told EPA officials at a public hearing Tuesday that ample feedstocks, technology and quality advances and subsidized imported biofuel are three reasons why the agency should increase the biomass-based diesel and advanced biofuel minimum volumes.
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Renewable Energy Group to Present at Upcoming Investor Conferences
Jul 31, 2017
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AMES, Iowa, July 31, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that the Company will attend the following investor conferences:
On Monday, August 7, 2017, at 11:20 AM EDT, the REG management team is scheduled to present at the Jefferies 2017 Industrials Conference at the InterContinental New York Bar...
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REG Celebrates Completion of Upgrade Project at Emden Biorefinery
Jul 20, 2017
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EMDEN, Germany, July 20, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group, Inc. (NASDAQ:REGI) marked the completion of upgrades at its Emden, Germany biorefinery Wednesday with a ribbon cutting ceremony with government and community members.
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Renewable Energy Group Pleased with California's Ten-Year Cap-and-Trade, LCFS Extensions
Jul 19, 2017
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AMES, Iowa, July 19, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group, Inc. (NASDAQ:REGI) lauded California lawmakers for approving pro-low carbon fuels legislation that included a ten year extension of the state's cap-and-trade program and pioneering Low Carbon Fuel Standard (LCFS), which encourages greater use of biomass-based diesel.
Wi...
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Renewable Energy Group to Report Second Quarter 2017 Financial Results on Thursday, August 3
Jul 12, 2017
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AMES, Iowa, July 12, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that it will release financial results for the second quarter 2017 after the market close on Thursday, August 3, 2017. An investor conference call will follow at 4:30 p.m. EDT/3:30 p.m. CDT. The call will be hosted by Randolph Howard, Interi...
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Renewable Energy Group Applauds Illinois Legislature for Extending Biodiesel Incentive
Jul 7, 2017
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AMES, Iowa, July 07, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group, Inc. (NASDAQ:REGI) leaders praised Illinois lawmakers for approving a five-year extension of a significant biodiesel incentive.
Current Illinois law, which expires at the end of 2018, offers retailers a 20 percent exemption of the state's 6.25 percent excise tax for sellin...
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Renewable Energy Group Statement on Proposed Renewable Volume Obligations
Jul 5, 2017
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AMES, Iowa, July 05, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group, Inc. (NASDAQ:REGI) President and CEO Randy Howard issued the following statement regarding the Environmental Protection Agency's release of the proposed Renewable Volume Obligations (RVO) for 2018 Conventional and Advanced Biofuel and 2019 Biomass-Based Diesel:
"This prop...
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Renewable Energy Group Announces Resignation of CEO
Jul 5, 2017
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AMES, Iowa, July 05, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group, Inc. (NASDAQ:REGI) announced today that Daniel J. Oh has resigned as President and Chief Executive Officer and as a member of the Company's Board of Directors. The resignation was effective July 3, 2017.
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Completion of Geismar Land Purchase Gives REG Ability to Optimize And Potentially Expand Its Renewable Hydrocarbon Diesel Operations
Jun 20, 2017
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NOTE: A video on this topic can be viewed at: https://youtu.be/z9eq7R1VJVk
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Renewable Energy Group to Participate in the 3rd Annual ROTH Cleantech & Industrial Growth 1x1 Event
Jun 14, 2017
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AMES, Iowa, June 14, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that its Chief Executive Officer, Daniel J. Oh; Chief Financial Officer, Chad Stone; and Treasurer, Todd Robinson will participate in the 3rd Annual ROTH Cleantech & Industrial Growth 1x1 Event on June 21, 2017 at the Dorchester Hotel in Lond...
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Renewable Energy Group to Host 2017 Analyst and Investor Meeting on Tuesday, June 13
May 16, 2017
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AMES, Iowa, May 16, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that it will host its 2017 Analyst and Investor Meeting on Tuesday, June 13, 2017 from 9:00 a.m. to noon EDT at the Nasdaq Marketsite in New York City, NY.
REG will conduct a series of presentations to update analysts and investors on...
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Renewable Energy Group to Present at Upcoming Investor Conferences
May 9, 2017
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AMES, Iowa, May 09, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that the Company will attend the following investor conferences:
On Tuesday, May 16, 2017, the Company will attend the Oppenheimer Emerging Growth Conference at the InterContinental New York Barclay Hotel. The format of the conference is ...
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REG Welcomes International Trade Commission Decision to Continue Investigation of Whether Argentine and Indonesian Biodiesel Imports Harm U.S. Producers
May 5, 2017
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AMES, Iowa, May 05, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group (NASDAQ:REGI) welcomes today's unanimous decision by the U.S. International Trade Commission (ITC) to proceed with its investigation into whether biodiesel imports from Argentina and Indonesia may harm American producers.
In a 5-0 vote, the Commission agreed to proceed with ...
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Renewable Energy Group Reports First Quarter 2017 Financial Results
May 4, 2017
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Q1 2017 Highlights
122 million gallons sold, up 25% y/y97 million gallons produced, up 12% y/yNet loss of $15.9 million, down 130% y/yAdjusted EBITDA of $0.6 million, down 73% y/yExtended $30 million line of credit for REG Energy ServicesRaised $20 million financing for REG Ralston expansion AMES, Iowa, May 04, 2017 (GLOBE NEWSWIRE) -- Rene...
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REG to Purchase Geismar Land
May 4, 2017
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AMES, Iowa, May 04, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group (NASDAQ:REGI) announced today its agreement to acquire approximately 82 acres of land at its Geismar, Louisiana biorefinery from Lion Copolymer.
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Renewable Energy Group Closes Financing on $24 Million Upgrade to Ralston Biorefinery
May 1, 2017
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RALSTON, Iowa, May 01, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group, Inc. (NASDAQ:REGI) announced today it has secured financing of up to $20 million from First Midwest Bank for the $24 million capacity-expansion project at the company's Ralston, Iowa biodiesel refinery.
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Renewable Energy Group to Report First Quarter 2017 Financial Results on Thursday, May 4
Apr 20, 2017
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AMES, Iowa, April 20, 2017 (GLOBE NEWSWIRE) -- Renewable Energy Group, Inc. (NASDAQ:REGI) today announced that it will release financial results for the first quarter 2017 after the market close on Thursday, May 4, 2017. An investor conference call will follow at 4:30 p.m. EDT/3:30 p.m. CDT. The call will be hosted by Daniel J. Oh, President an...
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Renewable Energy Group Reports Fourth Quarter and Full Year 2016 Financial Results
Mar 7, 2017
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Fourth Quarter 2016 Highlights:
Revenue of $560.4 million 155.9 million gallons of fuel soldNet income of $20.2 million Adjusted EBITDA of $60.3 millionGeismar plant produced above nameplate capacity on average throughout the quarterAn initial and partial settlement of $15.1 million was agreed to, recorded and subsequently received from our bu...
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