Cultivation Corridor stakeholder Renewable Energy Group, Inc. (NASDAQ: REGI) on Thursday celebrated the completion of $20 million in upgrades to its 30 million gallon biorefinery in Mason City, Iowa. State and local government and business leaders were on hand for a ribbon cutting ceremony to mark the occasion, which further expands Iowa’s nationally-dominant position in the production of renewable biofuels.
The upgrades enable the Mason City biorefinery to utilize multiple raw materials, such as inedible corn oil and animal fats and greases in addition to the refined vegetable oils the plant was originally designed to process. The upgrade project supported 56 full-time construction jobs and was managed by Ames-based Story Construction. REG also improved the existing front-end technology at the biorefinery that enables higher yields from free fatty acids in the production process.
Renewable Energy Group, Inc. is a leading North American advanced biofuels producer and developer of renewable chemicals. REG utilizes a nationwide production, distribution and logistics system as part of an integrated value chain model to focus on converting natural fats, oils and greases into advanced biofuels and converting diverse feedstocks into renewable chemicals. The company has 10 active biorefineries across the country.
For more information on the project, visit www.regi.com.