- CapEx: $825 million
- Jobs: 381 new (60 direct, 321 indirect), 66 retained
- Product: Renewable Diesel
- Location: Geismar, Ascension Parish / Capital Region
- Project overview:
- Expansion will more than triple renewable fuel capacity from 90 million gallons per year to 340 million gallons.
- Chevron acquired Renewable Energy Group in June 2022 in an all-cash deal of $3.15 billion.
- Biorefineries use recycled cooking oils, animal fats and other non-fossil feedstocks instead of crude oil.
- Estimated Completion: Late 2023
- LED news release: Oct. 6, 2020
Company website: REGI.com