Iowa Renewable Fuels Assn. Biofuels Tour Brad Albin IRFA President and VP, Manufacturing, REG Tuesday, Aug. 14, 2012

Transcription

1 Iowa Renewable Fuels Assn. Biofuels Tour Brad Albin IRFA President and VP, Manufacturing, REG Tuesday, Aug. 14, 2012 Copyright 2012.

2 Welcome to the Tour #1 Biodiesel and ethanol production state 13 biodiesel facilities; 320 million gallons annual capacity 41 ethanol refineries; 3.7 billion gallons annual capacity Renewable fuels major economic driver Iowa GPD: $6 billion Generates $3.7 billion of household income Supports more than 82,000 jobs 2

3 Renewable Energy Group Company founded in 1996 as way to add value to soybean oil at farmers cooperative Transitioned through build, manage and own/operate models as the industry has grown Durable, agile business with multiple feedstock capability and focus on a lower cost feedstock model Today, largest U.S. biodiesel producer 275 direct employees in nine states Sold biodiesel into 49 states and Canada Assets of over $550 million as of June 3,

4 REG Overview Fully Integrated Biodiesel Platform Production R&D Procurement Feedstock Refining Conversion to Fuel Fuel Sales & Marketing Fuel Distribution & Logistics Customer Service & Admin Ability to process a wide variety of lower cost feedstocks into biodiesel 9 biodiesel plants, 6 in production and 3 partially completed, with existing 2012 capacity of 212 MMGY Leading producer of biodiesel in the United States, marketing both REG biodiesel and biodiesel produced by others 4

5 REG Network of Biodiesel Production REG Biorefineries REG Albert Lea REG Houston REG Ralston 30 MMGY, Startup: 3/ MMGY, Startup: 08/ MMGY, Startup: 3/2003 REG Danville REG Newton REG Seneca 45 MMGY, Startup: 11/ MMGY, Startup: 5/ MMGY, Acquired: 04/2010 REG Clovis REG Emporia REG New Orleans PC PC PC 15 MMGY, Acquired: 09/ MMGY, Startup: TBD 60 MMGY, Startup: TBD free fatty acid feedstock conversion free fatty acid feedstock conversion 5 PC Partially completed

6 Existing Business Structure Risk Management Tool for Growing Business Renewable Energy Group, Inc. REG Construction & Technology Group, LLC REG Services Group, LLC REG Marketing & Logistics Group, LLC REG Ventures, LLC REG Biofuels, LLC REG Chemicals, LLC REG Feedstock, LLC REG Albert Lea, LLC REG Clovis, LLC REG Danville, LLC REG Emporia, LLC REG New Orleans, LLC REG Newton, LLC REG Ralston, LLC REG Seneca, LLC REG Houston, LLC

7 Growth Strategy Optimize and expand our fully-integrated biodiesel offering Diversify into the production of additional advanced biofuels, renewable chemicals and related products Grow our biodiesel business internationally Organic and with partners Acquisitions Investments Expand our intellectual property base Joint Ventures 7

8 Technology and Upgrade Capabilities Capabilities Acquisition & Upgrade Examples Manufacturing REG Danville Procurement & Risk Management Sales & Marketing Technology Assessment and Due Diligence Plant Construction / Installation / Upgrades In-House Start-Up Capabilities Environmental, Safety and Operations Training Process Design and Engineering REG Seneca 8

9 Procurement and Logistics Proficiency Unparalleled National Reach Multiple production sites draw from national supply base National Reach Established Relationships Active suppliers across all raw material categories Delivery or receipt via truck, rail and barge 1 Multi Transport Options Strong Counterparty Proven, consistent performance on high-volume purchases Note: 1 Multi-transport options vary by location 9

10 Office Tour & REG Research Center Headquarters serves as hub & spokes for product fulfillment North America Sales Procurement Supply Management Research Lab RINs management integral in every step of our process Accounting Finance 10

11 Questions? President, Iowa Renewable Fuels Association VP, Manufacturing, 416 S. Bell Ave. Ames IA (0) (M)