Renewable Energy Group Acquires Imperial Renewables

By JoAnn McFarland The $15 million acquisition of a biomass and crop waste energy company may show the growing viability of this market as an alternative to fossil fuel. And in turn, this may suggest opportunities for smaller agriculture businesses, like family farms hoping to find alternative markets for their byproducts. Renewable Energy Group Inc. headquartered in Ames, Iowa, has acquired all bio-diesel production assets from Imperium Renewables Inc. With 11 active biorefineries, Renewable Energy Group Inc. has developed a system of biodiesel supply to the nation. They refine the fuel from both oils and from biomass sources. This is not just ethanol from corn, but fuel produced by cracking the hydrocarbons of waste materials from crops and wood works. A few steps can transform it into something the gas refineries can use. Specific biomass ingredients can be used to make renewable chemicals, replacing the use of petroleum byproducts for various items like cosmetics and packaging. Re
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