Darling Ingredients expects 20% growth this year
In the UK, Reuters reported that US renewable fuel producer Darling Ingredients expects 20% growth for the company in 2023. Darling is maintaining guidance for company growth in 2022, the company’s CEO Randall Stuewe said during a Goldman Sachs energy conference. The company has recently started up its Diamond Green Diesel III plant in Port Arthur, Texas, to produce renewable diesel in partnership with Valero Energy Corp. SAF is “very close” to being viable at current economics, Stuewe said. Historically, SAF has been much more expensive to produce versus petroleum-based jet fuel. The executive added that the US Environmental Protection Agency, in its latest decision on biofuel blending mandates signaled that EPA wants to see SAF production growth.
Category: SAF
