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REG Expands Used Cooking Oil Supply, Acquires Tellurian Biodiesel and American BDF
July 21, 2010Source: Clean Edge News
Renewable Energy Group
(REG), headquartered in Ames, Iowa, is acquiring Tellurian
Biodiesel, Inc. and American BDF, LLC (ABDF).
The acquisitions connect a national used cooking oil collection system
— with more than 16,000
installations — with REG's network of biodiesel manufacturing
facilities.
"Just by gaining access to this nationwide system of used cooking oil
collection
depots, REG has the potential, over time, to replace more than a half
million barrels of imported crude
oil with sustainable, domestically produced biodiesel," explained REG
Vice President, Supply Chain
Management, Dave Elsenbast.
Used cooking oil will augment REG's current national,
multi‐feedstock procurement program that
supplies the company's commercial‐scale biodiesel facilities. The REG
network has a reported combined annual
production capacity of more than 200 million gallons. Finished
biodiesel will be marketed and
distributed under Renewable Energy Group's REG‐9000TM branded
biodiesel platform to petroleum
distributors and refiners nationwide.