Press release: REG opening wholesale terminal in July

(CLOVIS, N.M.) June 4, 2012—New Mexico's largest B100 biodiesel terminal is set to open in July.

Biodiesel producer and marketer, Renewable Energy Group® (REG), recently announced it will establish a B100 wholesale terminal at its yet to be completed biodiesel plant near Clovis, New Mexico with product available beginning this July.

"Renewable Energy Group believes this new terminal infrastructure demonstrates our commitment to offering our customers better access to biodiesel blending locations throughout the Southwest and West," the company President and CEO, Daniel J. Oh said. "We intend to complete construction of REG Clovis as a biodiesel production site, the timing of which depends on a variety of factors. Using the location as a terminal is an important initial step in the process to meet local market demand."

The 15 million gallon per year (mmgy) biodiesel facility, known as REG Clovis, is approximately 40 percent complete. The company is converting the site's liquid storage and truck load-out into a wholesale terminal for REG-9000® branded biodiesel sales via truck and rail.

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.

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