LEBANON, Ohio--(BUSINESS WIRE)--Petroleum marketers now have access to high quality, large volume quantities of biodiesel from a new terminal in southwest Ohio. The nation’s leading biodiesel producer and marketer, Renewable Energy Group® (REG®), today announced a new terminal agreement for B100/B99 splash blending near Lebanon, Ohio.
The terminal is located across the street from the Marathon and Enterprise diesel terminals for splash blending ease, explained REG’s Vice President, Sales and Marketing, Gary Haer.
“This terminal allows REG to offer B100 or B99 for custom-level splash blending. Beginning in July, the site will offer 24/7 access at a high-speed, metered rack,” said Haer. “REG is proud of this new strategic location offering efficient blending opportunities for petroleum jobbers in Ohio, Indiana, Kentucky and beyond.”
To learn more about the facility, sign up for a virtual tour, create an account with REG or receive biodiesel pricing for the Ohio terminal, please visit http://www.regi.com/lebanon
Earlier this month, REG announced it would establish a B100/B99 wholesale terminal near Clovis, New Mexico with product available beginning in July.
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 Statements
This 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, including statements about the completion of construction at REG Clovis and the future access of the new terminal in Ohio. 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.
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