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An Iowa biodiesel refinery is doubling in size, check out this PDF on Iowa’s biofuel industry

November 28, 2016

An Iowa biodiesel refinery is doubling in size, check out this PDF on Iowa’s biofuel industry

Iowa is continuing to lead the country in biodiesel production. Renewable Energy Group broke ground on a $24 million expansion of its Ralston, Iowa, biorefinery, increasing production capacity from 12 million to 30 million gallons a year.

There are 12 biodiesel biorefineries in Iowa with a capacity of 343 million gallons a year. These biorefineries benefit from easy access to soybeans from Iowa farmers, which lead the country in annual soybean production. They also benefit from Iowa’s business friendly approach to biodiesel production. Biodiesel producers are eligible to receive a refund on the amount of sales or use tax paid during the production biodiesel, up to 4.5 cents per gallon.

For more information on Iowa’s biofuels and biorenewables economy, download the below informational PDF.

Click to download the PDF.

 

 

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