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.
Darling Ingredients Inc. (NYSE: DAR) drives global sustainability through innovative conversion of animal by-products and food waste into renewable ingredients. This news hub provides investors and stakeholders with essential updates on the company’s financial performance, operational milestones, and environmental leadership.
Discover timely press releases covering earnings reports, strategic partnerships, and sustainability achievements. Our curated collection includes updates on DAR’s advancements in renewable fuel production, collagen innovations, and circular economy initiatives across its feed, food, and fuel ingredient divisions.
Bookmark this page for direct access to verified information about acquisitions, joint ventures, and R&D breakthroughs. Stay informed about how DAR transforms waste streams into high-value products for pharmaceutical, pet food, and bioenergy markets while maintaining rigorous ESG standards.
Darling Ingredients has introduced a new organic fertilizer under its Nature Safe brand, which will prevent 39 million pounds of organic waste annually from reaching landfills. Developed over 17 months and launched in September 2020, the fertilizer repurposes 778,000 pounds of bone chips weekly from its Ravenna, Nebraska pet food facility. The initiative aims to enhance the circular economy and reduce greenhouse gas emissions, contributing to sustainable agriculture and bioenergy.
Darling Ingredients reported a strong third quarter for 2020, with net income of $101.1 million, or $0.61 per diluted share, compared to $25.7 million a year earlier. Net sales increased to $850.6 million from $842.0 million in Q3 2019, aided by better performance in food and fuel segments. Adjusted EBITDA reached $218.5 million, driven by record sales of 80 million gallons of Diamond Green Diesel. The company also paid down $145 million of long-term debt, with total debt at $1.5 billion. Year-to-date net income stands at $252.1 million, up significantly from $70.0 million in 2019.
Darling Ingredients Inc. (NYSE: DAR) is set to hold a conference call on November 4, 2020, at 9:00 a.m. ET to discuss its third quarter 2020 financial results. Hosted by CEO Randall Stuewe and CFO Brad Phillips, the call will be accompanied by a slide presentation accessible via the investor relations section of the company's website. A related press release will be issued after the market closes on November 3, 2020. Participants can register in advance or dial in directly to join the discussion.
Darling Ingredients Inc. (NYSE: DAR) has announced that its joint venture, Diamond Green Diesel (DGD), obtained the air permit from the Texas Commission on Environmental Quality for the DGD III renewable diesel plant in Port Arthur, Texas. Construction aims to produce 400 million gallons of renewable diesel and is on track for a final investment decision in early 2021, with operations expected to commence in 2024. The total DGD capacity is projected to reach 1.1 billion gallons. DGD remains a leader in low-cost renewable fuel production, leveraging a vertically integrated supply chain.
Darling Ingredients Inc. (NYSE: DAR) announced the amendment and extension of its $1.0 billion Senior Secured Credit Facility, extending the maturity date from December 16, 2021 to September 18, 2025. The changes include increases in leverage ratios, modifications of negative covenants, and collateral release mechanisms, enhancing the company's financial flexibility. CEO Randall C. Stuewe expressed confidence in the company's growth strategy, highlighting the strong balance sheet and liquidity position facilitated by this credit facility amendment.
Darling Ingredients reported a net income of $65.4 million or $0.39 per diluted share for Q2 2020, up from $26.3 million or $0.16 per diluted share in Q2 2019. Net sales reached $848.7 million, a 2.6% increase year-over-year. The company achieved combined adjusted EBITDA of $195.2 million, reflecting a growth of $35.8 million compared to Q2 2019. Strong performance from the feed segment and $80 million distribution from the Diamond Green Diesel joint venture contributed positively, while ongoing capital expenditure deferral amid COVID-19 remains a strategic focus.
Darling Ingredients Inc. (NYSE: DAR) will host a conference call on August 6, 2020, at 9:00 a.m. ET to discuss its Q2 2020 financial results. The call will feature CEO Randall Stuewe and CFO Brad Phillips. A slide presentation will accompany the call, accessible through the investor relations section of the company’s website. The related press release will be issued after market close on August 5, 2020. Participants can pre-register for the call or dial in directly, with options for both U.S. and international callers.
Darling Ingredients Inc. (NYSE: DAR) announced the launch of X-Pure® GelMA at Bio Digital 2020, marking the introduction of the first GMP-ready gelatin methacryloyl biomaterials suitable for clinical applications. This ultra-pure solution addresses the limitations of standard GelMA products, featuring low levels of impurities that can affect in-body and in vitro applications. With its unique two-stage purification process, X-Pure® GelMA promises consistent quality and safety, supporting 3D bioprinting and regenerative medicine. The product is poised to meet the growing needs of the biomedical sector.
Darling Ingredients Inc. (NYSE: DAR) announced the commissioning of a new collagen peptides production facility in Ghent, Belgium. This facility exclusively produces porcine collagen and is part of Rousselot's strategy to expand global hydrolyzed collagen production. With the first commercial batches ready for delivery in July, the facility enhances Rousselot's capabilities alongside existing operations in Brazil and France. Additionally, construction continues for a new facility in Brazil, expected to be completed in October 2020, further solidifying Darling's position in the collagen market.
