DAR

Darling Ingredients Inc. is a global developer and producer of sustainable natural ingredients from animal by-products and food waste, serving food, feed, pet food, fuel, and fertilizer markets. The company collects and processes animal by-products, used cooking oil, and bakery waste, converting these raw materials into protein and fat products, biofuels, and fertilizers. Darling operates through Food (collagen, gelatin for food and pharmaceutical), Feed (fats and proteins for animal feed and pet food), and Fuel (renewable diesel and biofuel feedstocks) segments. The company partners with Diamond Green Diesel (a joint venture with Valero) producing renewable diesel from animal fats and used cooking oil. Founded in 1882 and headquartered in Irving, Texas, Darling has built the world's largest sustainability company through organic growth and strategic acquisitions. The company benefits from essential rendering services, circular economy business model, renewable diesel growth, and barriers to entry including collection infrastructure and regulatory requirements. Darling faces raw material cost and availability variations, renewable fuel policy and subsidy risks, and commodity price volatility. The company continues to invest in renewable fuel production, sustainable products, and global expansion.