ANKENY, IOWA (June 14, 2022) — The Iowa Biodiesel Board welcomed the approval of Chevron Corporation’s acquisition of Renewable Energy Group Inc (REG), a leading biodiesel and renewable-diesel producer headquartered in Ames, Iowa. Chevron says the move is expected to accelerate progress toward the company’s goal to grow renewable fuels production capacity to 100,000 barrels per day by 2030.
Grant Kimberley, Iowa Biodiesel Board executive director, issued the following statement: