Renewable Energy Group Praises New York City's Biodiesel Fleet Law

  Renewable Energy Group Praises New York City's Biodiesel Fleet Law

Mayor Bloomberg Signs Bill Codifying City’s Increasing Use Biodiesel Blends in
                               Municipal Fleet

Business Wire

NEW YORK -- September 4, 2013

Renewable Energy Group® (NASDAQ: REGI) hailed New York City’s new law that
will utilize a five percent blend of biodiesel in the city’s vehicle fleet
beginning next year, and increasing to 20 percent in the near future.

REG President and CEO Daniel J. Oh and Gary Haer, Vice President, Sales and
Marketing were on hand at City Hall to witness Mayor Michael Bloomberg signing
the legislation into law. The measure, introduced by Councilman Jim Gennaro,
codifies the city’s existing use of biodiesel blends in the city’s fleet of
approximately 6000 vehicles. The city’s Parks and Recreation Department has
been using B5 for the last two years and began using B20 this year during
warmer months.

The new law requires the city fleet to use a B5 biodiesel blend beginning July
1, 2014. Beginning July 1 2016, the city fleet must use a B20 blend from April
to November. The city will also launch a pilot program prior to December 1,
2016 to study year round usage of B20 with no fewer than 5 percent of the city

“Thanks to the leadership of Mayor Bloomberg and Councilman Jim Gennaro, New
York City has been, and will continue to be a champion of biodiesel usage,”
said Oh. “This law ensures that legacy of support will continue so that New
Yorkers can enjoy the benefits of cleaner air and a healthier environment that
biodiesel brings, while diversifying our energy sources and strengthening food

In addition to the fleet law, the city has had a B2 biodiesel requirement for
home heating oil in effect since last year. The New York State legislature
recently passed B2 statewide legislation, requiring all heating oil for use in
any building within Nassau, Rockland, Suffolk and Westchester counties to
contain at least two percent biodiesel, effective October 1, 2014. On July 1,
2015, all heating oil sold for use in any building statewide will meet this

REG, the nation’s largest biodiesel producer and marketer, is very active in
the New York metropolitan biodiesel market, with a sales team in the area and
distribution points in New Hyde Park, Port Chester and Brookhaven, New York as
well as Whippany and Bayonne, New Jersey.

Renewable Energy Group® is a leading North American biodiesel producer with a
nationwide distribution and logistics system. Utilizing an integrated value
chain model, Renewable Energy Group is focused on converting natural fats,
oils and greases into advanced biofuels. With more than 255 million gallons of
owned/operated annual production capacity at biorefineries across the country,
REG is a proven biodiesel partner in the distillate marketplace.

For more than a decade, REG has been a reliable supplier of biodiesel which
meets or exceeds ASTM quality specifications. We sell REG-9000® biodiesel to
distributors so Americans can have cleaner burning fuels that help lessen our
dependence on foreign oil. REG-9000® branded biodiesel is distributed in
nearly every state in the U.S.


Renewable Energy Group
Anthony Hulen, 703-822-1972
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