Chick-fil-A, Inc. Chooses Darling Ingredients to Turn Used Cooking Oil into Renewable Fuel

Rhea-AI Summary

On March 21, 2022, Darling Ingredients Inc. (NYSE: DAR) announced a partnership with Chick-fil-A to convert used cooking oil from its restaurants in the U.S. and Canada into renewable transportation fuel. This initiative is part of Darling's DAR PRO Solutions service and aims to reduce greenhouse gas emissions by up to 85%. Each year, Darling transforms hundreds of millions of pounds of used cooking oil into renewable diesel, with an estimated production of over 700 million gallons in 2022. The collaboration supports sustainability efforts while enhancing Darling's renewable energy portfolio.

Positive

• Partnership with Chick-fil-A to convert used cooking oil into renewable diesel enhances sustainability efforts.
• Darling is set to produce over 700 million gallons of renewable diesel in 2022, showcasing robust operational capacity.
• Conversion process significantly reduces greenhouse gas emissions, aligning with environmental goals.

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• None.

IRVING, Texas, March 21, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR), the world's leading company turning food waste into sustainable products and producer of renewable energy, today announced Chick-fil-A, Inc. has chosen Darling Ingredients to convert its used cooking oil into cleaner burning renewable transportation fuel. Darling Ingredients' service brand DAR PRO Solutions, will collect used cooking oil from all Chick-fil-A restaurants in the U.S. and Canada.

"We admire Chick-fil-A's commitment to reducing food waste and are proud to be part of a solution that keeps food waste out of our landfills while delivering a renewable fuel that reduces GHG emissions," said Sandra Dudley, Darling Ingredients Executive Vice President, Renewables and U.S. Specialty Operations.

"At Chick-fil-A, we are committed to caring – and that includes caring for others through our food and caring for our planet," said Rodney Bullard, vice president of corporate social responsibility for Chick-fil-A, Inc. "Our innovative partnership with DAR PRO Solutions helps us be responsible stewards of the resources at our restaurants and allows us to support the future of renewable transportation fuel – all while positively influencing the communities we serve." 

Each year, Darling Ingredients turns hundreds of millions of pounds of used cooking oil into renewable diesel through its Diamond Green Diesel venture. Diamond Green Diesel is estimated to produce more than 700 million gallons of renewable diesel in 2022. The finished renewable fuel can reduce greenhouse gasses by up to 85 percent.

About Darling

Darling Ingredients Inc. (NYSE: DAR) is the largest publicly traded company turning food waste into sustainable products and a leading producer of renewable energy. Recognized as a sustainability leader, the company operates 250 plants in 17 countries and repurposes nearly 10% of the world's meat industry waste streams into value-added products, such as green energy, renewable diesel, collagen, fertilizer, animal proteins and meals and pet food ingredients. To learn more, visit darlingii.com. Follow us on LinkedIn.

About Chick-fil-A, Inc.

Atlanta-based Chick-fil-A, Inc. is a family owned and privately held restaurant company founded in 1967 by S. Truett Cathy. Devoted to serving the local communities in which its franchised restaurants operate and known for its Original Chick-fil-A^® Chicken Sandwich, Chick-fil-A serves freshly prepared food in more than 2,700 restaurants in 47 states, Washington, D.C., and Canada. 

A leader in customer service satisfaction, Chick-fil-A was named top fast-food restaurant in Newsweek's 2019 America's Best Customer Service report and received several honors in QSR's 2019 Reader's Choice Awards, including "The Most Respected Quick-Service Brand" and "Best Brand for Overall Experience". Additionally, Glassdoor named Chick-fil-A one of the top 100 best places to work in 2020. More information on Chick-fil-A is available at www.chick-fil-a.com. 

Contact:
Suann Guthrie
VP, Investor Relations, Sustainability & Communications
(469) 214-8202

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SOURCE Darling Ingredients Inc.

FAQ

What is the recent partnership between Darling Ingredients and Chick-fil-A about?

Darling Ingredients partnered with Chick-fil-A to convert used cooking oil from its restaurants into renewable transportation fuel through its DAR PRO Solutions service.

How much renewable diesel is Darling Ingredients expected to produce in 2022?

Darling Ingredients estimates that it will produce over 700 million gallons of renewable diesel in 2022.

What are the environmental benefits of Darling Ingredients' new initiative with Chick-fil-A?

The initiative is expected to reduce greenhouse gas emissions by up to 85%, contributing to sustainability and environmental stewardship.

What is the stock symbol for Darling Ingredients?

The stock symbol for Darling Ingredients is DAR, and it is traded on the NYSE.