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
CHEVRON RENEWABLE ENERGY GROUP In News
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
BCC Research Beacon 