Forward-Looking StatementsThis 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. 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.
Biodiesel is now available via truckload from Renewable Energy Group®’s (REG) (NASDAQ:REGI) new terminal, located in Clovis, New Mexico. The terminal’s first truckload of biodiesel was picked up recently by Colorado Petroleum (also known as Arizona Petroleum) for blending at their Tucson, Arizona location. “We are proud to offer regional petroleum distributors, co-ops, terminals and petroleum refiners high quality biodiesel from the REG Clovis terminal immediately,” said Gary Haer, VP Sales and Marketing at Renewable Energy Group. “Colorado Petroleum and Arizona Petroleum Products Co. have been advocates for biodiesel utilization for many years. We are proud to work with distributors like Colorado Petroleum to increase biodiesel availability in New Mexico, Arizona, Colorado and Texas.” "We are pleased to have a supplier like REG, who has the level of commitment for producing a quality biodiesel product and is constantly striving to find better economical ways to get it distributed to the public,” said Jerry Kachenko, Administrative Manager for Arizona Petroleum Products Co. “By picking up fuel at this terminal in Clovis, New Mexico, Arizona Petroleum will be able to offer high quality biodiesel to public and private fleets at competitive prices,” Colleen Crowninshield, Tucson Clean Cities coordinator. “This will help our entire region promote biodiesel as a cleaner burning fuel alternative." To learn more about the facility, create an account with REG or receive biodiesel pricing please visit http://www.regi.com/clovis 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.