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Renewable Energy Group acquires US Biodiesel for $80 million

June 4, 2008

In Iowa, the Renewable Energy Group acquired the assets of US Biodiesel Group in a transaction valued at $80 million. With the deal, REG acquires a 35 Mgy biodiesel plant in Texas and a storage terminal in California. The deal is expected to close this month.

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    Written by Jim Lane · Filed Under The Daily Biofuel Summary 

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