Renewable Energy Group, Inc.
|
406 1st St. Ralston, IA 51549 IA Tel. 712-667-3500 Fax 712-667-3599 |
Type: Private
On the web:
http://www.regfuel.com
Employees:
62
Renewable Energy Group, or REG, wants alternative fuel to become a regular thing for its customers. The company sells SoyPOWER brand biodiesel throughout the US, controlling about 40% of US sales. Biodiesel is a clean burning fuel made from biowaste including vegetable oil, corn, grain, and soybeans. REG's one owned and four leased plants make more than 130 million gallons of biofuel per year that it sells to fleet operators, the military, and mining, agriculture, and home-heating companies. In addition to its production and distribution activities, REG also builds biodiesel production plants for other firms. The company was formed in 2003 by West Central Cooperative.
Key numbers for fiscal year ending December, 2006:
Sales: $178.0M
One year growth: 106.3%
Net income: $4.7M
Income growth: (53.0%)
Officers:
Chairman and CEO: Jeffrey Stroburg
CFO: Jeffrey C. Pattison
COO and Secretary: Daniel J. Oh
