USA: REG Breaks Ground for Ralston Biorefinery Biorefinery Expansion
Renewable Energy Group held a groundbreaking ceremony Tuesday to formally launch a $ 24 million expansion of its Ralston, IA biorefinery from 12 to 30 million gallons (113 million litres) of annual nameplate production capacity.
Ralston/Iowa — Governor Terry Branstad and Lieutenant Governor Kim Reynolds were the featured guests at the event attended by several business leaders and elected officials. ”REG Ralston has been an efficient biorefinery with an ample supply of lower cost, lower carbon intensity feedstock next door connected by a pipe, and the original nameplate capacity was tied to the output of soybean oil from the adjacent crush,” said Daniel J. Oh, President. “This expansion matches the greater output volume from the newly expanded soy crush at Landus Cooperative.” In addition to the capacity expansion, the project will include logistics improvements and other site enhancements. Up to $ 20 million in long-term debt financing is expected to be provided for this project. Once completed, the Ralston expansion will increase REG’s cumulative nameplate capacity from its eleven active biomass-based diesel plants across the US to 470 million gallons annually.