Darling Ingred Stock Price, News & Analysis

Darling Ingredients Inc. (NYSE: DAR) has announced a definitive agreement to acquire FASA Group, Brazil's largest independent rendering company, for approximately R$2.8 billion (about $560 million USD). This acquisition will enhance Darling's supply of low carbon waste fats and oils, positioning the company as a leader in renewable diesel production in North and South America. The transaction is anticipated to close by the end of 2022, subject to customary conditions. FASA operates 14 rendering plants and has plans for two more, processing over 1.3 million metric tons annually.

Darling Ingredients Inc. (NYSE: DAR) will announce its first quarter 2022 financial results on May 10, 2022, at 4 p.m. CT. A teleconference and webcast, hosted by CEO Randall C. Stuewe and CFO Brad Phillips, will occur on May 11, 2022, at 8 a.m. CT. Participants can pre-register for the conference to manage high call volumes. The company, a leader in sustainability, converts food waste into valuable products, operating 250 plants across 17 countries. More details can be found on their website.

On May 2, 2022, Darling Ingredients Inc. (NYSE: DAR) announced the successful completion of its $1.1 billion acquisition of Valley Proteins, enhancing its position in the sustainable products sector. This acquisition includes 18 rendering plants across the U.S., strengthening Darling's operations and expanding its capacity to supply low carbon intensity feedstocks for renewable diesel. CEO Randall C. Stuewe expressed excitement about the benefits this integration brings to Darling's core business and the growing demand for renewable energy.

Darling Ingredients Inc. (NYSE: DAR) announced the launch of X-Pure GelMA, the first gelatin methacryloyl produced under Good Manufacturing Practices (GMP). This product marks a significant advancement for clinical use in medical applications, shifting from research-grade options to GMP-compliant products. The consistency and quality assured by the GMP process support faster market entry with minimized revalidation risk. This announcement coincided with Rousselot's Innovation Days event in Belgium on April 13-14, 2022.

On March 21, 2022, Darling Ingredients Inc. (NYSE: DAR) announced a partnership with Chick-fil-A to convert used cooking oil from its restaurants in the U.S. and Canada into renewable transportation fuel. This initiative is part of Darling's DAR PRO Solutions service and aims to reduce greenhouse gas emissions by up to 85%. Each year, Darling transforms hundreds of millions of pounds of used cooking oil into renewable diesel, with an estimated production of over 700 million gallons in 2022. The collaboration supports sustainability efforts while enhancing Darling's renewable energy portfolio.

Darling Ingredients Inc. (NYSE: DAR), a leader in turning food waste into sustainable products, will have its CEO Randall C. Stuewe participate in a virtual fireside chat at the Gabelli Funds 8th Annual Waste & Environmental Services Symposium. The event is scheduled for 11:30 a.m. ET on March 31, 2022. Darling operates 250 plants across 17 countries, repurposing 10% of global meat industry waste into valuable products like renewable energy, diesel, and pet food ingredients. The presentation will be available for webcast on their website.

Darling Ingredients Inc. (NYSE: DAR), a leader in converting food waste into sustainable products, will have its Chairman and CEO, Randall C. Stuewe, present at several upcoming conferences. Key events include the Raymond James 43rd Annual Institutional Investors Conference on March 8, Bank of America Downstream Conference on March 10, and Roth 34th Annual Conference on March 14. The presentations will be webcasted on the company's Investor Relations website. Darling operates 250 plants globally and is recognized for repurposing meat industry waste into renewable energy and other valuable products.

Darlings Ingredients Inc. (NYSE: DAR) reported strong Q4 2021 results, with net income rising to $155.8 million ($0.94/share) from $44.7 million ($0.27/share) in Q4 2020. Net sales were $1.3 billion, up from $1.0 billion. For FY 2021, net sales reached $4.7 billion, compared to $3.6 billion in 2020. The company capitalized on strong demand in its feed segment and renewable diesel production, selling a record 370 million gallons of renewable diesel. The leverage ratio stands at 1.57x, with $650.9 million attributable net income for the year.

Darling Ingredients Inc. (NYSE: DAR) is set to announce its fourth quarter and fiscal year 2021 financial results on Feb. 28, 2022, at 4 p.m. CT. This will be followed by a teleconference and webcast on March 1, 2022, at 8 a.m. CT, hosted by CEO Randall C. Stuewe and CFO Brad Phillips. Participants can register in advance for the call or dial in live. Darling Ingredients is recognized as a sustainability leader, operating 250 plants across 17 countries, repurposing nearly 10% of the world's meat industry waste into valuable products.