Renewable Energy Group, Inc. Issues Statement on REG Geismar

Rhea-AI Summary

Renewable Energy Group, Inc. (REGI) has issued a statement regarding its renewable diesel plant in Geismar, Louisiana, following Hurricane Ida. CEO Cynthia Warner emphasized the safety of employees and the community, noting that the plant was safely shut down to ensure security ahead of the storm. Assessments of personnel safety and equipment condition are currently underway.

REGI is committed to leading the transition to sustainable fuels, operating 12 biorefineries across the U.S. and Europe, and delivering significant reductions in carbon emissions.

Positive

• CEO emphasized safety of employees and the community during Hurricane Ida.
• Plant was securely shut down in advance of the storm, ensuring operational integrity.
• REGI operates 12 biorefineries, indicating a strong operational footprint.

Negative

• None.

AMES, Iowa--(BUSINESS WIRE)-- Renewable Energy Group, Inc. (REGI) is issuing the following statement regarding its renewable diesel plant located in Geismar, Louisiana from President and CEO, Cynthia ‘CJ’ Warner:

“The safety of our team members, their families and the community is our priority. In advance of Hurricane Ida’s landfall, our local team brought down the plant in a safe and secure manner. Now that the storm has passed, confirming the safety of REG personnel and assessment of equipment are underway.”

About Renewable Energy Group

Renewable Energy Group, Inc. is leading the energy and transportation industries’ transition to sustainability by transforming renewable resources into high-quality, sustainable fuels. Renewable Energy Group is an international producer of sustainable fuels that significantly lower greenhouse gas emissions to immediately reduce carbon impact. Renewable Energy Group utilizes a global integrated procurement, distribution and logistics network to operate 12 biorefineries in the U.S. and Europe. In 2020, Renewable Energy Group produced 519 million gallons of cleaner fuel delivering 4.2 million metric tons of carbon reduction. Renewable Energy Group is meeting the growing global demand for lower-carbon fuels and leading the way to a more sustainable future.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210830005512/en/

Katie Stanley

Renewable Energy Group

katie.stanley@regi.com

(515) 239-8184

Source: Renewable Energy Group, Inc.

FAQ

What is the recent statement from Renewable Energy Group, Inc. regarding Hurricane Ida?

Renewable Energy Group, Inc. stated that they prioritized the safety of employees and the community, securing the Geismar plant ahead of Hurricane Ida.

How did Renewable Energy Group prepare its Geismar plant for Hurricane Ida?

The Geismar plant was safely shut down prior to Hurricane Ida to ensure the safety of employees and equipment.

What is the operational focus of Renewable Energy Group, Inc.?

Renewable Energy Group is focused on transitioning to sustainable fuels, operating 12 biorefineries in the U.S. and Europe.