Chevron completes acquisition of Renewable Energy Group (REG)
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Chevron completes acquisition of Renewable Energy Group (REG)

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Chevron Corporation recently completed its acquisition of Renewable Energy Group, Inc. (REG) following approval by REG stockholders.

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“We have brought together companies with complementary capabilities, assets, and customer relationships to make Chevron one of the leading renewable fuels companies in the United States,” said Mark Nelson, executive vice president of Downstream & Chemicals for Chevron.  “Chevron now offers our customers an expanded suite of cost-effective, lower carbon solutions that utilize today’s fleets and infrastructure.”

Further, Cynthia “CJ” Warner, formerly president and CEO of REG, has been appointed to Chevron’s Board of Directors.

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