CHEVRON RENEWABLE ENERGY GROUP
Company Snapshot
Founded: 2022
Entity Type: Private
Region: North America
Headquarter: Iowa, U.S.
Key Geographics: North America, Europe
Corporate Address: 416 S. Bell Ave, PO Box 888, Ames, Iowa 50010 U.S. Tel. +1-515-239-8000 www.regi.com
Company Overview
Chevron acquired the Renewable Energy Group (REG) in 2022 for $3.5 billion; the acquisition of REG boosted the company’s renewable fuels production capacity, resulting in it becoming the second largest producer of biobased diesel in the U.S. the acquisition. The company uses a global integrated procurement, distribution, and logistics network to operate 9 active biorefineries in the U.S. and Europe. In 2023, the group produced 408 million gallons of biofuel.
CHEVRON RENEWABLE ENERGY GROUP In Reports
Company's Business Segments
- Renewable Fuels : This segment includes Lower Carbon Fuel Solutions, Biomass-Based Diesel Production, Biotechnology, Advanced Biofuels, Renewable Chemicals.
Applications/End User Industries
- Aviation
- Agriculture
- Construction
- Mining
- Marine
- Data Centers
- Chemicals
- Retail
- Heating and Power Generation
- Rail Road
- Trucking
- Heating Oil
- Power Generators