STATEMENT FROM REG PRESIDENT & CEO, DANIEL J. OH ON FISCAL CLIFF PACKAGE PASSAGE

At approximately 10:00 p.m. central on Jan. 1, 2013 the U.S.
House of Representatives approved the Senate’s “fiscal cliff” bill. Upon signature
by the President, the package reinstates a set of tax extenders items including
the reinstatement of the 2013 federal biodiesel blenders tax credit and
retroactive 2012 credit. Below is a statement from Renewable Energy
Group.

“We are thankful that Congress and the President
support the growth of the biodiesel industry through the reinstatement of the
credit and for recognizing biodiesel’s important role in energy and food
security and job creation. This tax credit provides certainty for our petroleum
distributor customers and, in turn, market stability for commercial biodiesel
producers like us.”