Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Darling Ingredients Inc    DAR

DARLING INGREDIENTS INC

(DAR)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Darling Ingredients, Valero Energy to Study New Refinery for Venture

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/09/2019 | 11:25am EDT

By Colin Kellaher

Darling Ingredients and Valero Energy on Monday said they will study building a new plant in Port Arthur, Texas, to boost renewable diesel production at their Diamond Green Diesel Holdings LLC venture.

The companies said they are initiating an advanced engineering and development cost review for a plant that would produce 400 million gallons of renewable diesel and 40 million gallons of renewable naphtha a year.

Coupled with a current expansion of the venture's refinery in Norco, La., the move would boost Diamond Green's annual output to roughly 1.1 billion gallons of renewable diesel production and nearly 100 million gallons of renewable naphtha, the companies said.

Darling and Valero said they expect to make a final investment decision on the project in 2021, adding that operations could begin in 2024.

Darling, an Irving, Texas, ingredients maker, and Valero, a San Antonio petroleum refiner and ethanol producer, formed Diamond Green to build the Norco refinery to process animal fats, used cooking oil and inedible corn oil into renewable diesel fuel.

Write to Colin Kellaher at colin.kellaher@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
DARLING INGREDIENTS INC 0.79% 20.3 Delayed Quote.4.68%
VALERO ENERGY 2.19% 85.53 Delayed Quote.14.09%
WTI -0.33% 54.87 Delayed Quote.23.74%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DARLING INGREDIENTS INC
09/10DARLING INGREDIENTS INC. : Other Events, Financial Statements and Exhibits (form..
AQ
09/09Darling Ingredients, Valero Energy to Study New Refinery for Venture
DJ
08/07DARLING : 2Q Earnings Snapshot
AQ
08/07DARLING INGREDIENTS : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITIO..
AQ
08/07DARLING INGREDIENTS INC. : Results of Operations and Financial Condition, Financ..
AQ
08/06DARLING INGREDIENTS INC. : Announces Second Quarter 2019 Earnings Conference Cal..
PR
07/18DARLING INGREDIENTS : Grease Police Assist Homeland Security in Indictments of 2..
PR
07/09DARLING INGREDIENTS : Opens Nature Safe Organic Fertilizer Plant in Fremont, NE
PR
06/03DARLING INGREDIENTS : to Participate at the Bank of America Future Fuels Confere..
PR
05/14DARLING INGREDIENTS INC. : Regulation FD Disclosure, Financial Statements and Ex..
AQ
More news
Financials (USD)
Sales 2019 3 389 M
EBIT 2019 115 M
Net income 2019 118 M
Debt 2019 1 507 M
Yield 2019 -
P/E ratio 2019 28,7x
P/E ratio 2020 20,5x
EV / Sales2019 1,43x
EV / Sales2020 1,32x
Capitalization 3 344 M
Chart DARLING INGREDIENTS INC
Duration : Period :
Darling Ingredients Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends DARLING INGREDIENTS INC
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 24,00  $
Last Close Price 20,30  $
Spread / Highest target 28,1%
Spread / Average Target 18,2%
Spread / Lowest Target 8,37%
EPS Revisions
Managers
NameTitle
Randall C. Stuewe Chairman & Chief Executive Officer
Brad Phillips Chief Financial Officer & Executive Vice President
Charles Macaluso Lead Independent Director
D. Eugene Ewing Independent Director
Dirk Kloosterboer Director
Sector and Competitors
1st jan.Capitalization (M$)
DARLING INGREDIENTS INC4.68%3 344
NESTLÉ S.A.37.82%310 180
MONDELEZ INTERNATIONAL35.10%77 991
DANONE29.25%57 032
THE KRAFT HEINZ COMPANY-32.04%35 685
GENERAL MILLS38.60%32 570