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Stock impact report

Darling Ingredients Announces Sale of Approximately $50 million in Production Tax Credits

Darling Ingredients Inc. (DAR) 
Last darling ingredients inc. earnings: 2/25 04:35 pm Check Earnings Report
US:NYSE Investor Relations: ir.darlingii.com
Company Research Source: Business Wire
IRVING, Texas--(BUSINESS WIRE)--Darling Ingredients Inc. (NYSE: DAR) today announced the sale of approximately $50 million of production tax credits to a corporate buyer. These credits were generated under the Inflation Reduction Act (IRA) by the company’s Diamond Green Diesel joint venture.The company previously announced it sold $125 million and $60 million in production tax credits, bringing the total production tax credit sales to $235 million for 2025.About Diamond Green DieselDiamond Green Diesel (DGD) is a 50/50 joint venture between Darling Ingredients Inc. and Valero Energy Corporation. With capacity to produce more than 1.2 billion gallons annually, DGD is one of the world’s largest producers of renewable diesel and sustainable aviation fuel.About Darling IngredientsA pioneer in circularity, Darling Ingredients Inc. (NYSE: DAR) takes material from the animal agriculture and food industries, and transforms them into valuable ingredients that nourish people, feed animals a Show less Read more
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