Mon Jun 9, 2014 09:43 AM CDT

STREATOR, Ill. (DTN) -- Renewable Energy Group, Inc. said in a news release on Monday, June 9, that its wholly-owned subsidiary, REG Synthetic Fuels, LLC, has completed its acquisition of the remaining 50% ownership interest in Dynamic Fuels, LLC, previously owned by Tyson Foods, Inc.

With the June 3 closing of its purchase of substantially all of the assets of Syntroleum Corp. and this transaction with Tyson, REG now takes full ownership of Dynamic Fuels' 75-million-gallon-per-year nameplate capacity renewable diesel biorefinery in Geismar, La.

Tyson and Syntroleum formed Dynamic Fuels in 2007 as a 50/50 joint venture. Completed in 2010, ...

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