Benzinga | Sep 2, 2021 03:43PM EDT

Renewable Energy Group Issues Update on REG Geismar, Says Although Storm Caused Major Power Outages In Ascension Parish, Power Has Been Restored, REG Plan Shows No Significant Visible Damage

Renewable Energy Group, Inc. (NASDAQ:REGI) is issuing the following statement from President and CEO, Cynthia 'CJ' Warner regarding the status of its renewable diesel plant located in Geismar, Louisiana following Hurricane Ida:

"We are grateful that all team members are safe and accounted for following Hurricane Ida. In advance of the hurricane's landfall, our local team brought down the plant in a safe and secure manner.

Although the storm caused major power outages in Ascension Parish, power has now been restored and the REG plant shows no significant visible damage. The team are recommissioning the plant today and will be initiating and ramping up production as full utilities become available."