Renewable Energy Group (REG) held a ribbon-cutting ceremony on
Monday to formally open their recently-acquired biodiesel refinery in Mason City, Iowa, the
company said on Monday.
REG also announced that it has begun a $20 million project to upgrade the plant to a
REG completed the acquisition of the former Soy Energy refinery on July 31. REG immediately
began efforts to repair and restart the plant, which began
producing biodiesel on October 1.
REG Mason City fits into our existing network of
biodiesel plants very well and is an ideal location to bring in
raw materials for biodiesel production, is a good distribution
point, and is sited well to serve our customers and
terminals, said Daniel J. Oh, CEO of Renewable
Energy Group. As we continue to grow as a company and an
industry, we are dedicated to our communities like Mason City,
and providing America with advanced biofuel.
Brad Albin, vice president of manufacturing for
REG, described the upgrades the company will soon make.
With these upgrades, we will be able to utilize lower
cost raw materials like inedible corn oil from ethanol production, used cooking oil
and animal fats, with the majority coming from a close
proximity to Mason City, Albin said. This will give
REG Mason City the ability to deliver the highest quality
product available, in line with the REG quality
REG now has eight active biorefineries in four states, with
Mason City being the companys third Iowa facility,
joining the companys first refinery in Ralston and a
plant in Newton. The company also has a multi-feedstock biorefinery in nearby Albert Lea,
Minnesota, where a $21 million multi-feedstock upgrade was just recently
completed. REG also has two refineries in both Illinois and
The REG-owned biodiesel production fleet has an annual
production capacity of 257 million gallons.