Chevron to acquire Ames Based REG

[cyfan92]

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Could be a big blow to Ames if we lose these jobs. The optimist in me hopes we can get a Chevron commitment to Ames/Central Iowa and REG does even more for Iowa State.

 

[theshadow]

"After the transaction closes, Chevron’s renewable business will be headquartered in Ames, and CJ Warner, REG’s president and CEO, will join Chevron’s board of directors."

 

[cyfan92]

Yes, I know the press release talks about Chevron basing their renewable business in Ames... But they have to say things like that before the transaction closes

Sorry, the pessimist in me came out there

 

[wxman1]

Big athletics and university partners/supporters.

 

[JM4CY]

"Chevron Court at Hilton Coliseum"

 

[cyfan92]

"Chevron Court at Hilton Coliseum"

I'd settle for for an NIL deal to keep Brockington

 

[jdcyclone19]

Chevron has a number of research deals with ISU researchers for biofuels and biopolymer research fwiw.

 

[SCNCY]

I used to work for the company when I got out of college. While I am sure oil companies are trying to expand their renewable portfolio, this will probably give Cheveron more control over RINS needed to meet their renewable fuel standard.

 

[cyfan92]

I used to work for the company when I got out of college. While I am sure oil companies are trying to expand their renewable portfolio, this will probably give Chevron more control over RINS needed to meet their renewable fuel standard.

Hopefully you held onto the company stock!

 

[Mr Janny]

I used to work for the company when I got out of college. While I am sure oil companies are trying to expand their renewable portfolio, this will probably give Cheveron more control over RINS needed to meet their renewable fuel standard.

I nearly took a job with them as well, and know a few people there. They seem like a top notch outfit.

 

[SCNCY]

Hopefully you held onto the company stock!

Nah, I wasn't fully vested in my stock and options when the company went public, I think I only had 1 or two years vested. I think I sold it after I had left for not much money at the time.

 

[SCNCY]

I nearly took a job with them as well, and know a few people there. They seem like a top notch outfit.

Meh. However, when I was there, they were going through growing pains. I would guess they are more mature now than they were when I was at the company.