REG Reaches New Sales Milestone with 50 Million Gallons of Biomass-Based Diesel Sold in a Month

NOTE: A video on this topic can be viewed at this link: https://youtu.be/cV3024N935o

This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20160913005951/en/

Renewable Energy Group, Inc. (NASDAQ:REGI) announced today that the
company sold more than 50 million gallons of biomass-based diesel during
the month of August 2016. The sales volume created a new milestone for
REG and was a first in the company’s history.

“We are thankful for our customers, vendors and investors who made this
milestone possible because of the relationships and business we have had
the privilege of building with them over the last 10 years,” said Daniel
J. Oh, REG President and CEO. “This is an operational testament to the
total team effort within REG, and proof of our industry’s ability to
respond to growing demand for high quality, biomass-based diesel in
support of consistently growing RFS-2 RVOs.”

REG’s industry-leading, lower carbon intensity, advanced biofuel
producing fleet of plants, and international supply chain footprint
helped the company break through the operations intensive 50-million
gallon mark.

The biomass-based diesel sold by REG in August is estimated to have
displaced greenhouse gas emissions equal to approximately 35 million
gallons of petroleum-based diesel and more than 360,000 metric tons of
CO2 emissions. Over the first half of 2016, REG biomass-based diesel on
average is estimated to have reduced lifecycle GHG emissions by
approximately 72 percent compared to petroleum-based diesel.

REG sold approximately 50.9 million gallons of biodiesel and renewable
hydrocarbon during the month. The figure does not include sales from
Petrotec, the German biodiesel producer in which REG has majority
ownership.

A video on reaching the 50 million gallon milestone, which is the second
in a series of videos celebrating REG’s 10-year anniversary as an
independent company, can be viewed at the company’s website, www.regi.com
or by clicking here
to view the video on REG’s YouTube
channel.

About Renewable Energy Group

Renewable Energy Group, Inc. is a leading North American advanced
biofuels producer and developer of renewable chemicals. REG utilizes a
nationwide production, distribution and logistics system as part of an
integrated value chain model to focus on converting natural fats, oils
and greases into advanced biofuels and converting diverse feedstocks
into renewable chemicals. With 12 active biorefineries across the
country, research and development capabilities and a diverse and growing
intellectual property portfolio, REG is committed to being a long-term
leader in bio-based fuels and chemicals.

For more than a decade, REG has been a reliable supplier of advanced
biofuels which meet or exceed ASTM quality specifications. REG sells
REG-9000 biomass-based diesel to distributors so consumers can have
cleaner burning fuels that help diversify the energy complex and
increase energy security. REG-9000 biomass-based diesel is distributed
in most states in the US. REG also markets ultra-low sulfur diesel and
heating oil in the northeastern and midwestern US. For more information
on REG visit our website at www.regi.com.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160913005951/en/

News by QuoteMedia

www.quotemedia.com