Chevron Corporation previously this month finished its formerly introduced purchase of biodiesel manufacturing business Renewable Energy Group,Inc (REG) complying with authorization by REG shareholders.
“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,” stated Mark Nelson, executive vice head of state of Downstream & & Chemicals forChevron “Chevron now offers our customers an expanded suite of cost-effective, lower carbon solutions that utilize today’s fleets and infrastructure.”
Cynthia “CJ” Warner, previously head of state as well as chief executive officer of REG, has actually been designated to Chevron’s Board of Directors, reliable June 13.
“CJ Warner has deep experience across both the traditional and renewable energy sectors,” stated Chevron Chairman as well as CHIEF EXECUTIVE OFFICERMike Wirth “Her perspective and guidance will be invaluable as Chevron leverages its strengths to deliver lower carbon energy to a growing world.”
