In Texas, Darling Ingredients Inc. announced Panda Restaurant Group, Inc. has chosen Darling Ingredients to recycle its used cooking oil into sustainable products, such as cleaner burning renewable diesel. Darling Ingredients’ restaurant service brand, DAR PRO Solutions, will collect and recycle used cooking oil from nearly all of the almost 2,400 Panda Express restaurants in the […]
In Texas, Darling Ingredients Inc. has entered into an agreement with Cattlemen’s Heritage Beef Company to purchase the off-take from its planned 2,000-head per day beef-processing facility in Mills County, Iowa. Darling Ingredients also announced that it intends to expand its nearby Bellevue, Nebraska, rendering plant to increase receiving and processing capacity. “This agreement further […]
In Texas, Darling Ingredients Inc. and Valero Energy Corporation announced they have made the final investment decision on a Sustainable Aviation Fuel (SAF) project at the Diamond Green Diesel (DGD) Port Arthur plant, which is owned and operated by Diamond Green Diesel Holdings LLC, a 50/50 joint venture between Valero and Darling. Upon completion of […]
In Texas, Darling Ingredients Inc. launched an offering of $250.0 million in aggregate principal amount of unsecured senior notes by Darling. The add-on notes will be issued as additional notes under the same indenture as Darling’s 6% senior notes due 2030, $750.0 million in aggregate principal amount of which were issued on June 9, 2022. […]
In Texas, Darling Ingredients Inc. announced it has completed the acquisition of Brazil’s largest independent rendering company, FASA Group. The company first announced the acquisition in May 2022 for a purchase price of approximately R$2.8 billion Brazilian Real in cash ($542.6 million USD at today’s exchange rate), plus or minus various closing adjustments and a contingent […]
In Texas, Darling Ingredients Inc. has entered into a definitive agreement to purchase Brazil’s largest independent rendering company, FASA Group for approximately $560 million, subject to post-closing adjustments and a contingent payment based on future earnings growth. FASA Group processes more than 1.3 million metric tons annually through 14 rendering plants with an additional two […]
In Texas, Chick-fil-A, Inc. has chosen Darling Ingredients to convert its used cooking oil into cleaner burning renewable transportation fuel. Darling Ingredients’ service brand DAR PRO Solutions, will collect used cooking oil from all Chick-fil-A restaurants in the U.S. and Canada. Each year, Darling Ingredients turns hundreds of millions of pounds of used cooking oil […]
In Texas, Darling Ingredients Inc. has entered into a definitive agreement to acquire all of the shares of Valley Proteins, Inc. for approximately $1.1 billion in cash. Valley Proteins operates 18 major rendering and used cooking oil facilities throughout the southern, southeast and mid-Atlantic regions of the U.S. Valley employs 1,900 employees and operates a […]
The seasons are changing in many parts of the world right now, but what really is changing this autumn is how the world is looking at renewable diesel. Phillips 66 and REG’s announcement about a new renewable diesel plant on the U.S. West Coast planned for 2021 comes after a notable increase in refineries that […]
