US REG concludes upgrade of Minnesota biodisel refinery

Jul 11, 2013 - US-based Renewable Energy Group (NASDAQ:REGI), or REG, said yesterday it had finalised USD 21 million (EUR 16m) in technology upgrades at its 30-million-gallon (113.6-million-litre) biodiesel refinery in southern Minnesota.

Following the upgrade, the REG Albert Lea plant will be able to process various locally-sourced agricultural byproducts like animal fats, used cooking oils, inedible corn oils and yellow grease along with vegetable oils.

REG went on to say that all biodiesel produced met its REG-9000 quality specifications within days of start-up. The move extends biodiesel product availability options as Minnesota gets ready to boost its diesel blending requirement from B5, including 5% biodiesel, to B10 or a 10% biodiesel blend, it added.

Last week REG said it had restarted production at its recently acquired Texas multifeedstock biorefinery with an annual capacity of 15 million gallons.

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