The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from Business Wire

Cooperative Fuel Supplier First to Offer Biodiesel Blends from New Lebanon Ohio Terminal

<p class='bwalignc'> <i>GROWMARK and Trupointe Cooperative Inc. pick up first load of biodiesel from REG's new terminal location outside of Cincinnati</i> </p>

Thursday, August 02, 2012

Cooperative Fuel Supplier First to Offer Biodiesel Blends from New Lebanon Ohio Terminal11:30 EDT Thursday, August 02, 2012 LEBANON, Ohio (Business Wire) -- Biodiesel is now available via truckload from Renewable Energy Group®'s (NASDAQ:REGI) new terminal in Lebanon, Ohio outside of Cincinnati. The terminal's first truckload of biodiesel was picked up recently by Trupointe Cooperative Inc., a GROWMARK network fuel supplier. “GROWMARK and Trupointe Cooperative Inc. have been advocates for biodiesel utilization for many years. We look forward to growing our relationship with GROWMARK and its other cooperatives in the future,” said Gary Haer, VP Sales and Marketing at Renewable Energy Group (REG®). “This Ohio terminal offers great opportunity for blenders like GROWMARK and Trupointe to expand their biodiesel offerings in preparation for harvest or to meet summer over-the-road diesel demand.” “We are pleased to take the first truckload of biodiesel from this new facility and wish REG much success with it. For the many years we have been doing business with REG, they have been a valuable partner in supporting the biodiesel industry,” said Brigette Harlan, Renewable Fuels Product Manager for GROWMARK. “REG is dedicated to quality and to the best possible customer experience which is very important to our customers like Trupointe Cooperative who are receiving this truckload. We appreciate and share that commitment as we all grow and help the marketplace understand the benefits of using biodiesel.” To learn more about the facility, create an account with REG, or receive biodiesel pricing please visit http://www.regi.com/lebanon Biodiesel is a drop-in, advanced biofuel for use in any diesel engine application. REG-9000® branded biodiesel is produced from natural oils, fats and greases and meets or exceeds ASTM quality specifications for biodiesel. Renewable Energy Group® is a leading North American biodiesel producer with a nationwide distribution and logistics system. Utilizing an integrated value chain model, Renewable Energy Group is focused on converting natural fats, oils and greases into advanced biofuels. With more than 210 million gallons of owned/operated annual production capacity at biorefineries across the country, REG is a proven biodiesel partner in the distillate marketplace. For more than a decade, REG has been a reliable supplier of biodiesel which meets or exceeds ASTM quality specifications. We sell REG-9000® biodiesel to distributors so Americans can have cleaner burning fuels that help lessen our dependence on foreign oil. REG-9000® branded biodiesel is distributed in nearly every state in the U.S. Forward-Looking StatementsThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Actual results may vary materially due to a number of factors including, but not limited to, the risk of a loss or reduction of governmental requirements for the use of biofuel, a decrease in the spread between biodiesel prices and feedstock costs, loss or reduction of tax incentives for biodiesel production or consumption, as well as other risks that are detailed from time to time in REG's SEC reports. REG is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. Information contained in our website is not incorporated by reference in, or made part of this press release. Renewable Energy GroupAlicia Clancy, 515-239-8118Alicia.clancy@REGI.comorGROWMARKAmy Bradford, 309-557-6116abradford@growmark.com