Chevron Plant Closures Show Clean Fuel's Tough Economics [MarketWatch]
Darling Ingredients Inc. (DAR)
Last darling ingredients inc. earnings: 2/25 04:35 pm
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Source: MarketWatch
Want to see it on more articles? Give your feedback below or email product@barrons.com thumb-stroke-medium thumb-stroke-medium Chevron is criticizing EPA rules relating to renewable fuel volume. Brandon Bell/Getty Images Chevron is closing factories in Iowa and Wisconsin that make truck fuel out of soybeans, corn and animal fats because government rules have made the business unprofitable, the company said this week. Chevron's retreat signals just how tough the clean fuels business has become as prices of the most important government-controlled credits have plunged. The main federal clean fuel program is called the Renewable Fuel Standard. Refiners and other fossil fuel providers have to offset their deliveries of gasoline and diesel with cleaner alternatives like biodiesel or pay for credits known as renewable identification numbers, or RINs. Advertisement The value of biodiesel RINs—the kind Chevron was earning at the factories it closed—has fallen to 48 cents a
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News
- Compared to Estimates, Darling (DAR) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- Darling Ingredients Inc. Reports First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Darling Ingredients Inc. Reports First Quarter 2024 ResultsPR Newswire
- Darling Ingredients Inc. to Release First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Darling Ingredients Inc. to Release First Quarter 2024 Financial ResultsPR Newswire
DAR
Earnings
- 4/25/24 - Beat
DAR
Sec Filings
- 4/25/24 - Form 8-K
- 3/21/24 - Form ARS
- 3/21/24 - Form DEFA14A
- DAR's page on the SEC website