REG purchases Tellurian Biodiesel and ABDF
Located in Ames, Iowa, US, biodiesel producer and marketer Renewable Energy Group (REG) is acquiring California-based biodiesel firm Tellurian Biodiesel and American BDF (ABDF).
ABDF is a joint venture owned by Golden State Service Industries, a wholly owned subsidiary of Golden State Foods of Irvine, California, Eagan, Minnesota-based Restaurant Technologies (RTI) and Tellurian Biodiesel.
RTI currently manages over 16,000 installations within its used cooking oil collection business. The acquisition will now see this business linked with REG’s national commercial-scale biodiesel manufacturing facilities.
‘Turning used cooking oil into biodiesel at REG’s network of manufacturing facilities is another good outlet for our customers’ waste products to power simple, green and safe solutions for fuelling our nation’s progress toward clean energy goals,’ said RTI CEO Jeff Kiesel.
VP at REG Dave Elsenbast commented: ‘Just by gaining access to this nationwide system of used cooking oil collection depots, REG has the potential, over time, to replace more than a half a million barrels of imported crude oil with sustainable, domestically produced biodiesel.’
ABDF is a joint venture owned by Golden State Service Industries, a wholly owned subsidiary of Golden State Foods of Irvine, California, Eagan, Minnesota-based Restaurant Technologies (RTI) and Tellurian Biodiesel.
RTI currently manages over 16,000 installations within its used cooking oil collection business. The acquisition will now see this business linked with REG’s national commercial-scale biodiesel manufacturing facilities.
‘Turning used cooking oil into biodiesel at REG’s network of manufacturing facilities is another good outlet for our customers’ waste products to power simple, green and safe solutions for fuelling our nation’s progress toward clean energy goals,’ said RTI CEO Jeff Kiesel.
VP at REG Dave Elsenbast commented: ‘Just by gaining access to this nationwide system of used cooking oil collection depots, REG has the potential, over time, to replace more than a half a million barrels of imported crude oil with sustainable, domestically produced biodiesel.’
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