REG says Geismar fire damage could take up to four months to get back online

In Iowa, Renewable Energy Group said while preliminary damage assessments following the April 2 fire at its Geismar, Louisiana biorefinery are still ongoing, the damage appears to be contained to a limited area of the production facility. The Company’s current expectation, subject to change, is that it should take 2-4 months to restore operations. The Company plans to incorporate a one-month maintenance shutdown that was previously scheduled for this summer to bring filtration and other upgrades online during the restoration time period.

The Company expects that it will be able to resume loadout operations for Renewable Hydrocarbon Diesel in inventory later this week.

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