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Darling Ingredients Inc. (NYSE: DAR) is a global leader in transforming both edible and inedible fats and proteins into a wide range of sustainable products. With over 130 years of expertise, the company serves various industries including pharmaceutical, food, pet food, feed, technical, fuel, bioenergy, and fertilizer. Headquartered in Irving, TX, Darling Ingredients operates a vast international network of more than 260 facilities spread across 17 countries, employing over 10,000 people dedicated to creating sustainable solutions for a growing global population.
The company’s core operations focus on collecting and transforming animal by-products into valuable ingredients such as gelatin, fats, proteins, fertilizers, and pet food ingredients. Additionally, Darling Ingredients recovers and converts used cooking oil and bakery remnants into feed and fuel ingredients. The company operates three primary business segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients, with the majority of its revenue generated from customers in North America.
Among its notable achievements, Darling Ingredients is also a major player in the renewable energy sector through its joint venture, Diamond Green Diesel (DGD), which produces renewable diesel. In the third quarter of 2023 alone, DGD sold 266.8 million gallons of renewable diesel. For the fiscal year 2023, the company reported net sales of $6.8 billion and net income of $647.7 million.
Recent innovations include the granting of U.S. Patent No. 11795489B2 to its health brand Rousselot for StabiCaps™, a specialized gelatin that enhances the stability and release of active ingredients in soft gel capsules. This patent secures Rousselot’s intellectual property rights, further solidifying Darling Ingredients’ position as a leader in sustainable and innovative solutions.
As a publicly traded company on the NYSE, Darling Ingredients continues to demonstrate strong financial performance despite market volatility. The company actively engages in sustainable practices, repurposing approximately 15% of the world’s meat industry waste streams into value-added products. Looking forward, Darling Ingredients remains optimistic about its future, bolstered by a vertically integrated business model and a commitment to sustainability.
Darling Ingredients Inc. (NYSE: DAR), a leader in turning food waste into sustainable products, will have its CEO Randall C. Stuewe participate in a virtual fireside chat at the Gabelli Funds 8th Annual Waste & Environmental Services Symposium. The event is scheduled for 11:30 a.m. ET on March 31, 2022. Darling operates 250 plants across 17 countries, repurposing 10% of global meat industry waste into valuable products like renewable energy, diesel, and pet food ingredients. The presentation will be available for webcast on their website.
Darling Ingredients Inc. (NYSE: DAR), a leader in converting food waste into sustainable products, will have its Chairman and CEO, Randall C. Stuewe, present at several upcoming conferences. Key events include the Raymond James 43rd Annual Institutional Investors Conference on March 8, Bank of America Downstream Conference on March 10, and Roth 34th Annual Conference on March 14. The presentations will be webcasted on the company's Investor Relations website. Darling operates 250 plants globally and is recognized for repurposing meat industry waste into renewable energy and other valuable products.
Darlings Ingredients Inc. (NYSE: DAR) reported strong Q4 2021 results, with net income rising to $155.8 million ($0.94/share) from $44.7 million ($0.27/share) in Q4 2020. Net sales were $1.3 billion, up from $1.0 billion. For FY 2021, net sales reached $4.7 billion, compared to $3.6 billion in 2020. The company capitalized on strong demand in its feed segment and renewable diesel production, selling a record 370 million gallons of renewable diesel. The leverage ratio stands at 1.57x, with $650.9 million attributable net income for the year.
Darling Ingredients Inc. (NYSE: DAR) is set to announce its fourth quarter and fiscal year 2021 financial results on Feb. 28, 2022, at 4 p.m. CT. This will be followed by a teleconference and webcast on March 1, 2022, at 8 a.m. CT, hosted by CEO Randall C. Stuewe and CFO Brad Phillips. Participants can register in advance for the call or dial in live. Darling Ingredients is recognized as a sustainability leader, operating 250 plants across 17 countries, repurposing nearly 10% of the world's meat industry waste into valuable products.
Nature Safe Fertilizer, a brand of Darling Ingredients, has appointed Ilan Oliver as Regional Sales Manager for the California Coastal Region. This strategic move aims to meet the growing demand for their organic fertilizers produced at the Turlock, CA facility. Oliver, with over 30 years of experience in agricultural microbiology and plant nutrition, brings valuable expertise to enhance the company's sales management. The company is committed to improving sustainability and profitability for various agricultural sectors.
Darling Ingredients Inc. (NYSE: DAR) announced a partnership between its Rousselot Health brand and the Terasaki Institute for Biomedical Innovation (TIBI) on January 12, 2022. This collaboration aims to develop gelatin-based therapies, leveraging Rousselot's X-Pure® modified gelatins. TIBI will utilize these gelatins in its research and clinical trials. The partnership, effective January 1, 2022, spans two years and will focus on innovative applications in regenerative medicine, enhancing the potential for new therapies.
Harris Williams is advising Valley Proteins on its sale to Darling Ingredients Inc. Valley Proteins excels in recovering and recycling animal by-products and waste cooking oil, contributing to sustainable solutions in animal feed and renewable fuels. The company operates 18 production facilities and employs 1,900 staff across 12 states. Darling, a global leader in organic ingredients, focuses on sustainable protein and fat products, enhancing its capabilities in renewable clean energy. This acquisition positions both companies to benefit from the growing demand for environmentally friendly solutions.
IRVING, Texas, January 3, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) will host a virtual fireside chat with Chairman and CEO Randall C. Stuewe on January 5, 2022, at 3:00 p.m. Eastern Time. The event will be webcast and can be accessed through the Investor Relations section of their website. Darling Ingredients is a global leader in producing sustainable protein and fat products while also generating renewable clean energy. The company was recognized as one of the 50 Sustainability and Climate Leaders in 2021.
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