Renewable Energy Group Inc - Company Profile
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Renewable Energy Group Inc (REG), a subsidiary of Chevron Corp, is a producer and developer of biofuels and renewable chemicals. The company focuses on distribution, production and logistics system as part of an integrated value chain model for converting natural fats, oils and greases into advanced biofuels. REG produces biomass-based diesel from variety of feedstocks, including inedible corn oil, used cooking oil, inedible animal fat and virgin vegetable oils. It sells petroleum-based heating oil, blended fuel, diesel fuel and ultra-low sulfur diesel through third parties. The company has operations in the US, Germany and the Netherlands. REG is headquartered in Ames, Iowa, the US.
Headquarters
United States of America
Address
416 South Bell Avenue, Ames, Iowa, 50010-7711
Website
www.regi.com
Telephone
1 515 2398000
Industry
Alternative Energy
Revenue (2021)
$3.2B
Products and Services
| Products | Services |
|---|---|
| Biodiesel | Feedstock Development |
| Bio-heat Blended Fuel | Conversion to Fuel |
| Renewable Naphtha | Operations Management |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In July, the company and Bunge acquired Chacraservicios S.r.l. from Adamant Group. |
| 2022 | Ownership Changes | In June, the company was acquired by Chevron Corp for US$3.15 billion. |
| 2022 | Contracts/Agreements | In May, the company entered into strategic collaboration agreements with CFN and Pacific Pride to expand distribution of cleaner fuels. |
Competitor Comparison
| Key Parameters | Renewable Energy Group Inc | Cargill Inc | Archer Daniels Midland Co | Louis Dreyfus Company B.V. | Neste Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | Netherlands | Finland |
| City | Ames | Minneapolis | Chicago | Rotterdam | Espoo |
| State/Province | Iowa | Minnesota | Illinois | Zuid-Holland | - |
| No. of Employees | - | 160,000 | 40,213 | 17,667 | 6,014 |
| Entity Type | Private | Private | Public | Private | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Todd Samuels | Chief Financial Officer | Senior Management | - | - |
| Kevin Lucke | President | Senior Management | - | - |
| Neville Fernandes | Vice President - Corporate Affairs and Development | Senior Management | - | - |
| Jeff Staton | Vice President - People Development | Senior Management | - | - |
| Matt Giles | Associate General Counsel | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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