Renewable Energy Group, Inc. (REGI) is a holding company specializing in producing and trading renewable materials and biofuels. The company produces and processes biofuels for the oil and gas industry. They convert waste from virgin vegetable oil, animal fat, and other raw materials into methanol and biomass diesel. REGI is North America’s largest producer of biodiesel and the industry’s leading producer of renewable diesel. In 2020, REGI produced 51.9 million gallons of clean fuel and delivered 4.2 million tons of CO2 reduction. Renewable Energy Group makes it easy for customers to explore and implement energy efficiency and sustainability measures. REGI solutions are alternatives to petroleum and diesel, which cause lower CO2 emissions.
Renewable energy, a niche segment of the broader energy industry, is growing rapidly and is gaining importance in many regions and nations worldwide as an important source of energy. Companies in this sector supply clean, renewable energy, including solar, wind, hydro, geothermal, and biomass energy. Renewable energy projects are a positive force for global, national, and local communities. Today, renewables are the fastest growing and most affordable source of electricity in the world.
The Renewable Energy Group is committed to sustainability through the production and supply of renewable, low-carbon transport and other fuels. There is no need to wait for future technologies and infrastructure. Also, their clean fuels are now emerging as alternative options because they allow fleets to reduce harmful emissions. Their commitment to combining environmental protection with profitable solutions means that many stakeholders, including our suppliers, customers, shareholders, and the environment, benefit from the positive impact of their clean fuels. Diesel vehicles can be powered by renewable diesel engines such as REG Ultra Clean® and other biodiesel blends and modifications.
The low CO2 profile of their products helps fleets and their customers to reduce their carbon footprint and achieve their CO2 reduction targets. The Renewable Energy Group believes in a holistic approach to combating climate change by helping customers use various alternative fuels. Their fuels can make a difference and effectively complement customer’s fuel portfolios. Their products are available in North America as well as in Europe and are cheaper than many other clean energy solutions.
Website: Renewable Energy Group
Stock: REGI
