Biofuels Digest
March 16, 2010

Renewable Energy Group becomes largest biodiesel producer/marketer in US
In Iowa, Renewable Energy Group announced that, with the successful completion of asset purchase and consolidation agreements with commercial-scale biodiesel plants in Newton, Iowa and Danville, Illinois, the company has now officially become the largest biodiesel manufacturing and marketing source in North America.

With the completion of the acquisition of Central Iowa Energy (30 Mgy facility, Newton, Iowa) and Blackhawk Biofuels (45 Mgy, Danville, Illinois), the company overall production capacity has increased to 122 Mgy. Renewable Energy Group investors include Bunge North America, ED&F Man, Natural Gas Partners, NGP Energy Technology Partners, US Renewables Group (USRG) and West Central Cooperative, as well as shareholders in the two newly-acquired facilities.

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