Chevron to acquire Renewable Energy Group in $3.15B cash deal to boost renewable fuels position
Green Car Congress
FEBRUARY 28, 2022
The transaction is expected to accelerate progress toward Chevron’s goal to grow renewable fuels production capacity to 100,000 barrels per day by 2030 and brings additional feedstock supplies and pre-treatment facilities. In addition, REG president & CEO CJ Warner is expected to join Chevron’s Board of Directors.
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