REG buys out Syntroleum to expand biodiesel business

12/22/2013 |

Renewable Energy Group is buying out the assets of Syntroleum, which represent an "attractive entry path for REG into renewable diesel," said REG CEO Daniel Oh. "They have invested substantial resources in their Bio-Synfining technology, which enables the economical conversion of lipid-based biomass into diesel and jet fuel. Their technology and products complement our core biodiesel business."

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