DARLING INTERNATIONAL INC. ANNOUNCES DIAMOND GREEN DIESEL BEGINS PRODUCTION
June 26, 2013 – IRVING, TEXAS – Darling International Inc. (NYSE: DAR) today announces Diamond Green Diesel, the joint venture between Valero subsidiary Diamond Alternative Energy LLC and Darling International Inc., has reached mechanical completion and the startup process will lead to full production of renewable diesel.
Once in full operations, the 9,300 barrel-per-day plant will process recycled animal fat and used cooking oil as well as corn oil into renewable diesel fuel that has comparable properties to petroleum-based diesel. The renewable diesel can be shipped by pipeline and meets low-carbon fuel standards.
Darling International Chairman and Chief Executive Officer Randall Stuewe said, “We are proud to report the mechanical completion and startup of Diamond Green Diesel. This joint venture will be a producer of high quality renewable diesel capable of fulfilling the RFS2 biomass-based diesel mandate. Our partnership with Valero will benefit Diamond Green Diesel through multiple operational synergies.”
Darling International Inc. is the largest and only publicly traded provider of rendering and bakery residuals recycling solutions to the nation’s food industry. The Company recycles beef, poultry and pork by-product streams into useable ingredients such as tallow, feed-grade fats, meat and bone meal, poultry meal and hides. The Company also recovers and converts used cooking oil and commercial bakery residuals into valuable feed and fuel ingredients. These products are primarily sold to agricultural, pet food, leather, oleo-chemical and biodiesel manufacturers around the world. In addition, the Company provides grease trap collection services and sells used cooking oil collection equipment to restaurants. For additional information, visit the Company’s website at http://www.darlingii.com.