News Post
Renewable Energy Group announces plans to expand the Geismar biodiesel plant to 340 million gallons per year
The Renewable Energy Group (REG) of Iowa recently announced that it is planning a significant capacity expansion at its existing renewable diesel refinery in Geismar, Louisiana. This expansion will fundamentally increase annual capacity with an additional 250 million gallons at the site by the end of 2023.
The existing renewable diesel refinery was the first renewable diesel plant to be built in the United States. It has a fuels capacity of 90 million gallons per year (MMgpy) of renewable diesel, naphtha, and automobile gas from a non-fossil feedstock comprised of animal fats, recycled cooking oil, and other renewable sources. REG will expand capacity from this 90 MMgpy to 340 MMgpy after a planned startup in late 2023. Construction is expected to begin in the second half of 2021 and have a capital investment figure of approximately $825 million.
This announcement from REG comes after what the company calls a thorough review and location selection process for a growing industry domestically, and the expansion will be designed with REG’s proprietary process technology.
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