Renewable Energy Group (REGI) Misses Q3 EPS by 6c
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Renewable Energy Group Reports Third Quarter 2016 Financial Results
November 2, 2016 4:07 PM EDTQ3 2016 Highlights
163 million gallons sold, up 36.0% y/y 115 million gallons produced, up 35.2% y/y Net income of $22.9 million Adjusted EBITDA of $31.6 million Paid off $100.0 million GOZone bonds Expanded line of credit from $60.0 million to $150.0 million with Wells Fargo and Fifth Third Bank Completed $34.5 million upgrade project at Danville, IL biorefinery Completed $50.0 million share and bond repurchase programAMES, Iowa--(BUSINESS... More
REG to Increase Ralston, IA Biorefinery Capacity to 30 Million Gallons
November 1, 2016 8:01 AM EDTAMES, Iowa, Nov. 01, 2016 (GLOBE NEWSWIRE) -- When Renewable Energy Group (NASDAQ: REGI) built the 12 million gallon continuous flow biorefinery in Ralston, IA in 2001, REG was a division of the former West Central Cooperative (now Landus Cooperative). The plant was then the largest biodiesel refinery in America. Over time, as REG grew into an independent company and became North Americas largest biomass-based diesel producer, the Ralston facility became the companys smallest nameplate capacity. However, that is about to change.
... MoreREG Delivers First Life Sciences Commercial Product
October 31, 2016 5:58 AM EDTSpecialty Fatty Acid to Be Used By Leading Fragrance Manufacturer
AMES, Iowa--(BUSINESS WIRE)-- NOTE: A video on this topic can be viewed at this link: https://youtu.be/Y6L3rcocbUI
This Smart News Release features multimedia. View the full release here:... More