Welcome to our dedicated page for Darling Ingred news (Ticker: DAR), a resource for investors and traders seeking the latest updates and insights on Darling Ingred stock.
News and updates about Darling Ingredients Inc. (NYSE: DAR) focus on its role in rendering and meat byproduct processing, sustainable ingredients, and renewable fuels. The company regularly issues press releases and files current reports that cover financial performance, joint ventures, capital markets activity, and governance developments.
Investors following DAR news will see quarterly earnings announcements that include net sales, net income, segment performance for feed ingredients, food ingredients, and fuel ingredients, and non-GAAP measures such as Segment Adjusted EBITDA and Combined Adjusted EBITDA. These updates often highlight the contribution of the Diamond Green Diesel joint venture, including renewable fuel volumes and Darling Ingredients’ share of DGD’s Adjusted EBITDA.
News coverage also includes information on production tax credits generated under the Inflation Reduction Act by Diamond Green Diesel and agreements to sell these credits to corporate buyers. Such announcements describe the scale of tax credit sales and their relationship to renewable diesel and sustainable aviation fuel production.
Another important stream of news involves Darling Ingredients’ collagen and gelatin activities. The company has announced a definitive agreement with Tessenderlo Group to form a new company that will combine Darling Ingredients’ Rousselot collagen and gelatin business with Tessenderlo’s PB Leiner business. Updates on this planned joint venture provide context on expected ownership interests, regulatory approvals, and the strategic focus on collagen-based health, wellness and nutrition products.
Additional DAR news items address capital structure and governance, such as the pricing of senior notes, the redemption of existing notes, amendments to bylaws, and executive leadership changes. Together, these disclosures give readers a view into how Darling Ingredients manages its operations, finances, and corporate structure. For ongoing context on the DAR stock, investors can review this news feed for earnings releases, joint venture developments, tax credit transactions, and regulatory filings.
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.
Darling Ingredients' health brand, Rousselot, extends its partnership with Papendal, the Olympic Training Center in the Netherlands, to provide athletes with Peptan collagen peptides ahead of the Paris 2024 Olympics. This collaboration, which began in 2015, aims to support elite athletes' recovery and performance through innovative nutrition. Rousselot will supply its collagen solutions while partnering with Papendal's nutritionists to enhance athletes' understanding of sports nutrition. The sports nutrition market is anticipated to grow significantly, with an increasing interest in bioactive collagen solutions.
Darling Ingredients Inc. (NYSE: DAR) has been recognized by the Women's Forum of New York for achieving 40% female representation on its board of directors, marking the third consecutive year of this honor. The accolade was presented at the sixth biennial "Breakfast of Corporate Champions" event, celebrating companies with at least 35% female board representation. This recognition underscores the company’s commitment to promoting gender equity and diversity in leadership roles within its corporate structure.
Darling Ingredients Inc. (NYSE: DAR) reported strong Q3 2021 results with net income of $146.8 million ($0.88 per diluted share) on net sales of $1.2 billion, up from $851 million year-over-year. Adjusted EBITDA for the quarter was $289.6 million, reflecting a 32.8% increase compared to Q3 2020. The renewable diesel joint venture, Diamond Green Diesel, contributed $60 million of EBITDA. Year-to-date net sales reached $3.4 billion, driven by solid demand for protein products and low-carbon feedstocks. Darling also repurchased $22 million of common stock in Q3.
Darling Ingredients Inc. (NYSE: DAR) will host a conference call on November 10, 2021, at 9:00 a.m. ET to discuss its third quarter 2021 financial results. CEO Randall Stuewe and EVP Brad Phillips will lead the call. A related press release will be issued after market close on November 9, 2021. Participants can register in advance for the call or dial in directly. Darling Ingredients is recognized for producing sustainable proteins and fats, and it operates globally, including a joint venture in renewable diesel manufacturing, significantly reducing greenhouse gas emissions.
Darling Ingredients Inc. (NYSE: DAR) awarded over $200,000 in scholarships and grants to members of the National Future Farmers of America (FFA) Association in 2021. Each of the 11 scholarship recipients received $10,000, while additional state grants supported agriculture-based student projects. This initiative is part of a larger commitment, with $1.5 million awarded to FFA members in the past year. The announcement coincides with the 94th National FFA Convention & Expo in Indianapolis, where Darling is actively participating.
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