Fuel Forward: The Digest’s 2019 Enhanced Multi-Slide Guide to Renewable Energy Group

C.J. Warner: As we expand our sales and marketing activities, we have been refreshing the look and feel of how we project the REG brand, as shown on Slide 8. You may have recently noticed a new look to our corporate and Investor Relations websites, and, if not, I encourage you to go take a look. The Fuel Forward Initiative is intended to better showcase the products and services that we offer in support of our growth initiatives and highlights our push for cleaner fuel to meet the increasing global demand. In summary, our downstream strategy is progressing as planned, and we look forward to providing updates in the future.

Now, let me update you on our divestiture of Life Sciences. We are pleased to share that we have identified a buyer. We’re in late stages of negotiation, and we anticipate closing soon. Further expansion into renewable diesel continues to be a focus for us. We are advancing our project efforts with Phillips 66 for a planned joint venture to produce renewable diesel from an advantaged location on the West Coast. Work is progressing on schedule to engineer a 250 million gallon nameplate renewable diesel plant adjacent to Phillips’ Ferndale, Washington refinery.

On the federal regulatory front, we are all awaiting a retroactive reinstatement of a BTC. Bipartisan support continues to grow, and we remain confident that the incentive will be reinstated for 2018 and 2019.