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Darling Ingredients Inc. (NYSE: DAR) drives global sustainability through innovative conversion of animal by-products and food waste into renewable ingredients. This news hub provides investors and stakeholders with essential updates on the company’s financial performance, operational milestones, and environmental leadership.
Discover timely press releases covering earnings reports, strategic partnerships, and sustainability achievements. Our curated collection includes updates on DAR’s advancements in renewable fuel production, collagen innovations, and circular economy initiatives across its feed, food, and fuel ingredient divisions.
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Harris Williams is advising Valley Proteins on its sale to Darling Ingredients Inc. Valley Proteins excels in recovering and recycling animal by-products and waste cooking oil, contributing to sustainable solutions in animal feed and renewable fuels. The company operates 18 production facilities and employs 1,900 staff across 12 states. Darling, a global leader in organic ingredients, focuses on sustainable protein and fat products, enhancing its capabilities in renewable clean energy. This acquisition positions both companies to benefit from the growing demand for environmentally friendly solutions.
IRVING, Texas, January 3, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) will host a virtual fireside chat with Chairman and CEO Randall C. Stuewe on January 5, 2022, at 3:00 p.m. Eastern Time. The event will be webcast and can be accessed through the Investor Relations section of their website. Darling Ingredients is a global leader in producing sustainable protein and fat products while also generating renewable clean energy. The company was recognized as one of the 50 Sustainability and Climate Leaders in 2021.
Darling Ingredients Inc. (NYSE: DAR) has announced its acquisition of Valley Proteins, Inc. for approximately $1.1 billion in cash. Valley Proteins operates 18 rendering and used cooking oil facilities in various U.S. regions and employs around 1,900 staff. The acquisition aims to enhance Darling's supply of waste fats and greases, boosting its production capabilities for renewable diesel and sustainable aviation fuel. The transaction is subject to customary closing conditions, including regulatory approvals.
Howard Energy Partners has successfully closed a series of strategic financing transactions, including a $400 million offering of 6.75% senior unsecured notes due 2027 and an extension of its $1 billion revolving credit facility. These transactions provide the company with over $600 million in available liquidity, aiding in the development of a renewable diesel logistics facility in Port Arthur, Texas. The facility, backed by a partnership with Valero Energy and Darling Ingredients, is expected to be operational by Q4 2022.
On December 16, 2021, Dr. Eric S. Lander, President Biden's Science Advisor, visited Darling Ingredients' renewable diesel facility, Diamond Green Diesel (DGD), in Norco, Louisiana. The tour highlighted the process of converting fats into renewable diesel and the facility's role in sustainable energy. Dr. Lander observed the recent expansion of DGD, which increased capacity to 690 million gallons, with plans for further expansion in Port Arthur, Texas, set for 2023, aiming to reach nearly 1.2 billion gallons annually. Darling is a leader in sustainable ingredients and renewable energy.
Darling Ingredients Inc. (NYSE: DAR) has announced that Jim Stark, VP of Investor Relations, is leaving the company for another opportunity. The company expressed appreciation for his contributions. In the interim, Melissa Gaither, VP of Global Communications & Sustainability, will take over the investor relations role. Darling Ingredients is a leading producer of organic ingredients and renewable clean energy, operating globally and focusing on sustainable practices.
Darling Ingredients Inc. (NYSE: DAR) has successfully amended and extended its Senior Secured Credit Facility, now set to mature on December 9, 2026. The amendment increases the borrowing capacity to $1.9 billion, which includes a $400 million delayed draw term loan. This strategic move supports Darling's growth initiatives in sustainable, low-carbon feedstocks. The company highlights strong relationships with its banking partners as a crucial factor in this success.
Darling Ingredients' health brand, Rousselot, has received a patent for its SiMoGel™ solution from the European Patent Office. This gelatin-based solution is designed for producing nutraceutical gummies using a starch-free method, enhancing hygiene and production efficiency. SiMoGel enables innovative product development, including center-filled gummies that combine soft gels and gummies. The nutraceutical gummy market is rapidly expanding, with a CAGR of 37.3% from 2016 to 2020. The patent strengthens Darling's portfolio and presents opportunities in the growing market.
Darling Ingredients Inc. (NYSE: DAR) announced its participation in the Stephens Annual Investment Conference on December 2, 2021. The company's Chairman and CEO, Randall C. Stuewe, will present a fireside chat at 11:00 a.m. ET, which will be available via webcast on their website.
Darling Ingredients is a leading producer of organic ingredients and renewable energy, leveraging waste from the agri-food industry into sustainable products. The company has operations across five continents and has been recognized as one of the 50 Sustainability and Climate Leaders in 2021.