REG announces major renewable diesel expansion in Louisiana
10/7/2020
Governor John Bel Edwards and president and CEO Cynthia “CJ” Warner of Renewable Energy Group (REG) announced a minimum $825 million capital investment by REG to expand its renewable diesel refinery in Geismar, Louisiana. With the investment, REG will retain 66 existing jobs and create 60 new direct jobs with an average annual salary of $45,000, plus benefits. Louisiana Economic Development (LED) estimates the project will result in another 321 new indirect jobs, for a total of 381 new jobs in the capital region and surrounding areas. “Louisiana is recognized as a global leader in energy,” Governor Edwards said. “That’s an accomplishment we take great pride in, especially as we pursue lower
