February 2, 2023
BY Darling Ingredients Inc.
Darling Ingredients Inc. and Valero Energy Corp., on Jan. 31 announced that the companies have made the final investment decision on a sustainable aviation fuel (SAF) project at the Diamond Green Diesel (DGD) Port Arthur plant, which is owned and operated by Diamond Green Diesel Holdings LLC, a 50/50 joint venture between Valero and Darling.
Upon completion of the project, which is expected in 2025, the DGD Port Arthur plant will have the capability to upgrade approximately 50 percent of its current 470 million gallon annual production capacity to SAF. The project's estimated cost is approximately $315 million, with half of that attributable to Darling Ingredients. With the completion of this project, DGD is expected to be one of the largest SAF manufacturers in the world.
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"As one of the largest and most-successful producers of renewable diesel for nearly a decade, it's exciting to enter the next phase of our growth in the aviation market," said Chairman and CEO Randall C. Stuewe. "Darling Ingredients' global supply chain of waste fats and oils, combined with our partner's operational and technical expertise, position us as a leader in decarbonization solutions."
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The Michigan Advanced Biofuels Coalition and Green Marine are partnering to accelerating adoption of sustainable biofuels to improve air quality and reduce GHG emissions in Michigan and across the Great Lakes and St. Lawrence Seaway.
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FutureFuel Corp. on March 26 announced the restart of its 59 MMgy biodiesel plant in Batesville, Arkansas. The company’s annual report, released April 4, indicates biodiesel production was down 24% last year when compared to 2023.
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