Diamond Green Diesel approves major expansion to 675 MMgy
Photo: Darling Ingredients Inc.
November 6, 2018
BY Ron Kotrba
On the heels of completing a major expansion project at its renewable diesel production facility in Norco, Louisiana, from 160 MMgy to 275 MMgy, Diamond Green Diesel will add another 400 MMgy of production capacity expected to come online in late 2021.
The Diamond Green Diesel plant, a 50/50 joint venture between Valero Energy Corp. and Darling Ingredients Inc., achieved its newly expanded annual run rate of 275 MMgy in early October.
The boards of directors for both companies announced Nov. 5 approval of what’s being called Phase III Super Diamond expansion from 275 MMgy to 675 MMgy of renewable diesel production capacity with construction of a second, independent, parallel plant.
The project, estimated to cost $1.1 billion, will also include construction of a new, 50-60 MMgy renewable naphtha—or green gasoline—plant and improved logistics capabilities.
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According to Randall C. Stuewe, chairman and CEO of Darling Ingredients, the capital cost is expected to be funded from cash generated by Diamond Green Diesel’s operations.
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