Renewable Energy Group® Announces Pricing of Initial Public Offering of Common Stock

Renewable Energy Group, Inc. (Nasdaq:REGI) today announced the pricing of its initial public offering of 7,200,000 shares of common stock at a price to the public of $10.00 per share. The shares are expected to begin trading on The Nasdaq Global Market on January 19, 2012 under the symbol "REGI." Of the shares of common stock in the offering, Renewable Energy Group is offering 6,857,140 shares and selling stockholders are offering 342,860 shares. In addition, Renewable Energy Group has granted the underwriters a 30-day option to purchase up to 1,080,000 additional shares of common stock to cover over-allotments, if any.

UBS Securities LLC and Piper Jaffray & Co. are acting as joint book-running managers for the offering. Stifel, Nicolaus & Company, Incorporated and Canaccord Genuity Inc. are acting as co-managers.

A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on January 18, 2012. This offering is being made solely by means of a prospectus, copies of which may be obtained from: UBS Securities LLC, Prospectus Department 299 Park Avenue, New York, NY 10171 or by telephone toll free at 888-827-7275, or Piper Jaffray & Co., by mail at 800 Nicollet Mall, Suite 800, Minneapolis, MN 55402, or by telephone at (800) 747-3924.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.