Chevron REG lays off 70 employees from Ames plant

In Iowa, Brownfield Ag News reports Chevron Renewable Energy Group will lay off 70 employees from its Ames biodiesel plant as of June 18 in response to the political uncertainty for biodiesel. The state has seen several biodiesel plants mothballed in recent months due to lack of clarity on the 45Z tax credit and the current level of RVO volumes. The EPA has sent to the White House its proposal last week for future RVO volumes. Chevron REG already shut down two of its other biodiesel plants in the region last year.