DAR Moves 50/50 Joint Venture Diamond Green Diesel into Aviation Market

Darling Ingredients Inc. Announced that its 50/50 joint venture Diamond Green Diesel DGD will move into the aviation sector

Darling Ingredients Inc. has announced a significant advancement in its sustainability efforts

WEB IRVING, Texas, July 31, 2024 /PRNewswire/ -- Darling Ingredients Inc. (DAR) has announced a significant advancement in its sustainability efforts. The company's 50/50 joint venture, Diamond Green Diesel (DGD), will begin producing renewable diesel from feedstocks like used cooking oil and animal fats for the aviation market. This move marks a major step forward for DAR as it continues to lead the industry in sustainable solutions.

The aviation industry is a major contributor to greenhouse gas emissions, and DAR's move to produce renewable diesel for this sector is a significant step towards reducing the industry's environmental impact. Renewable diesel is a cleaner-burning fuel that can reduce greenhouse gas emissions by up to 80% compared to traditional jet fuel. It is also a drop-in fuel, meaning that it can be used in existing aircraft engines without any modifications.

DAR's investment in DGD is a testament to the company's commitment to sustainability. DAR is a leading global provider of sustainable solutions for the food industry, and its products are used in a wide range of applications, including food, feed, and fuel. The company's move into the aviation market is a natural extension of its sustainability mission.

"We are excited to announce this major investment in our Diamond Green Diesel joint venture," said Randall C. Stuewe, Chairman & Chief Executive Officer of Darling Ingredients Inc. "This move will allow us to further reduce our environmental impact and help our customers meet their sustainability goals."

The first phase of DGD's expansion into the aviation market will be to upgrade its Port Arthur, Texas, plant to produce renewable diesel for aviation use. The plant is expected to be operational in 2025.

DAR is a global leader in the production of sustainable products and is committed to reducing its environmental impact. The company's investment in DGD is a major step forward in its sustainability efforts and will help the aviation industry reduce its greenhouse gas emissions.