advice

REG changes down Q3 advice, offers Geismar update

Plantations International News By Renewable Power Group Inc.|October 14, 2015 Renewable resource Group Inc. revealed Oct. 14 that the local business is revising its revenues advice for 3rd quarter 2015. REG currently anticipates to report a web loss of $ 9 million to $ 15 million and also nonGAAP changed EBITDA in the variety of adverse $ 7 million to adverse $ 13 million, which is here the business's previous guidance of changed EBITDA in the variety of $ 0 to $ 10 million. "Throughout the quarter, we experienced a volatile commodity environment coupled with a considerable decline in RIN costs," [...]