REG Houston Assessing Damage from Ike to New Seabrook Biodiesel Plant

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Researched by Industrial Info Resources (Sugar Land, Texas)--REG Houston LLC (Seabrook, Texas), a subsidiary of Renewable Energy Group Incorporated (Ames, Iowa), is currently assessing damage to a new biodiesel plant that just went into full production last week. Hurricane Ike hit the Seabrook and Galveston Bay industrial areas hard, but REG officials said that the plant has power and that equipment and systems did not appear to suffer any major damage. The plant is expected to resume production later this week.

The 35 million-gallon-per-year plant began construction in December 2006 with TexCom Incorporated (OTC:TEXC) (Houston, Texas) as the developer. In May 2007, the project's ownership was shifted to U.S. Biodiesel Group (San Francisco, California), which Renewable Energy Group acquired in June 2008.

The estimated $60 million plant was built by Lurgi Incorporated (Memphis, Tennessee) and is located within the LBC Houston LP (Seabrook) terminal site in Seabrook. The facility has great transportation infrastructure access for raw soybean oil feedstock material through the Houston Ship Channel, as well as truck and rail racks, deepwater tanker, pipeline access and finished product storage.

When the Seabrook plant goes back online, the facility will be REG's ninth biodiesel plant in operation. The company has a combined production capacity of more than 300 million gallons per year of biodiesel.

Industrial Info's Ethanol Database provides a comprehensive outline of all current development activities in the emerging alternative fuels market. This database covers 156 ethanol plants in operation and 530 plants under development. It also covers 98 operational biodiesel plants and 245 biodiesel plants under development.

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