Tag: DAR

To Renewable Diesel

Conversions To Renewable Diesel

by Helena Tavares Kennedy The seasons are changing in many parts of the world right now, but what really is changing this autumn is how the world is looking at renewable diesel. Phillips 66 and REG’s announcement about a new renewable diesel plant on the U.S. West Coast planned for 2021 comes after a notable increase in refineries that are being converted and changed over to renewable diesel. Change is good, especially in this case. As Bob Dylan sang, “For the loser now, Will be later to win, For the times they are a-changin’.” And who knew he was singing about the RFS...
Diamond Green Diesel

Darling’s Renewable Diesel Diamond

In July 2013, Darling Ingredients (DAR:  NYSE) and its joint venture partner Valero Energy (VLO:  NYSE) commissioned the largest facility in North America to convert waste animal fats into renewable diesel.  The facility was strategic located adjacent to Valero’s petroleum refining installation in Norco, Louisiana. At the time the facility was capable of pumping out 12,000 barrels of renewable diesel per day that could be dropped directly into Valero’s distribution network and blended with fossil fuel.  Even at that production level the facility showed promise to deliver strong dividends back to its owners.  The partners named their venture Diamond Green Diesel and celebrated the unparalleled achievement. The two partners in Diamond Green...
synthetic fuel

List of Synthetic Fuel and Drop-in Biofuel Stocks

Synthetic fuel stocks are publicly traded companies creating transportation fuel from non-liquid feedstocks such as natural gas, coal, and municipal waste.  Drop-in biofuel stocks are publicly traded companies creating transportation fuel from organic feedstock that can be used, transported, and stored by conventional petrofuel infrastructure.  A synthetic fuel is a biofuel if it is made from organic feedstock.  It is a drop-in fuel if it is compatible with the existing infrastructure for petroleum based fuels. Amyris (AMRS) BioAmber (BIOA) Codexis (CDXS) Darling Ingredients (DAR) Gevo (GEVO) Global Bioenergies (ALGBE.NX) Neste, Inc. (NEF.F, NESTE.HE, NTOIF, NTOIY) N-Viro International Corp. (NVIC) Renewable Energy Group (REGI) Sasol Ltd. (SSL) Velocys, PLC (VLS.L) If you know of any synthetic fuel or...
low-sulfur Diesel Crisis

The Low Sulfur Diesel Crisis of 2020 And How To Prevent It

“The global economy likely faces an economic crash of horrible proportions in 2020, not for want of a nail but want of low-sulfur diesel fuel,” writes renowned energy analyst Phil Verleger in a note this month titled “$200 Crude, the Economic Crisis of 2020, and Policies to Prevent Catastrophe”. Not good timing for a White House re-election effort if, as expected, the blame falls on lack of preparedness in the 2017-2020 run-up to the projected crisis.. It’s a dire scenario but there’s hard data behind it, and though few go as far as Verleger, almost every expert is warning of a...
fishing gear waste-to-energy

List of Waste-to-Energy Stocks

Waste-to-energy stocks are publicly traded companies whose business involves using municipal or other waste as a feedstock to create fuel or electricity.  Organic matter and plastics in a waste stream can be converted to fuel and/or electricity chemically, by means of pyrolysis, biologically such as in anaerobic digestion, or by incineration.  Alternatively, energy from waste can be captured from natural processes, such as in the collection of methane gas from landfills. Blue Sphere (BLSP) Capstone Microturbine (CPST) China Recycling Energy Corp. (CREG) Clearford Water Systems Inc. (CLI.V) Covanta Holding Corp. (CVA) Darling Ingredients (DAR) MagneGas Corporation (MNGA) Neste Oyj (NEF.F, NESTE.HE, NTOIF, NTOIY) N-Viro International Corp. (NVIC) RDX Technologies, Inc. (RGDEF) Waste Management (WM) If...

List of Biomass Stocks

Biomass stocks are publicly traded companies whose business involves growing, collecting, or using biological matter (biomass) which can be used to make some other form of energy. Biomass includes human waste, municipal solid waste, sewage sludge, as well as industrial wastes such leftover wood from logging operations. 4energy Invest (ENINV.BR) Andritz Group (ADRZF) Arcadia Biosciences, Inc. (RKDA) BioAmber (BIOA) Bion Environmental Technologies, Inc. (BNET) Bunge, Ltd. (BG) Claymore/Clear Global Timber Index (CUT) Darling Ingredients (DAR) Deltic Timber Corp. (DEL) EcoSynthetix, Inc. (ECO.TO) Enviva Partners, LP (EVA) IQ Global Agribusiness Small Cap (CROP) iShares Global Timber & Forestry Index Fund (WOOD) John Deere (DE) Market Vectors® Environmental Services ETF (EVX) Pinnacle Renewable Holdings Inc. (PL.TO) Plum Creek...

A Decade Of Unexpected Curves In The Bioeconomy

By Jim Lane Over the years we’ve all seen a lot of curveballs in the advanced bioeconomy. You see companies like Valero, which lobby the United States Congress with unbridled intensity to get rid of the Renewable Fuel Standard, on the verge of becoming the single-biggest producer of RINs in the United States (with news that they might take capacity at Diamond Green Diesel up to 540 million gallons). You see companies like Solazyme which love the Renewable Fuel Standard and drive up to nearly a billion-dollar post-IPO valuation based on delivering fuels at volume, then announcing that there are even...

Renewable Fuel Producers Score A Win

Despite Trump’s vow to roll back all measures endorsed by Obama, his Environmental Protection Agency head Scott Pruitt is backing off plans to scuttle the U.S. biofuel policy.  The Trump administration had planned to change regulatory standards to reduce the amount of renewable fuel that must be blended with conventional fossil fuel for gasoline and diesel supplies.  In the third week in October 2017, Pruitt sent a letter to Congressional leadership indicating the renewable fuel volume mandates for 2018 would remain unchanged. Most analysts saw the about face as a win for ethanol and renewable diesel producers such as Green Plains (GPRE:  Nasdaq), FutureFuel...

Darling Ingredients’ Bean Stalk

by Debra Fiakas CFA Once upon a time there was a boy named Jack, Who lived with his widowed mother On their small farm in the country. Benjamin Tabart, The History of Jack and the Bean Stalk Jack made a mistake or two on the road to fixing his family’s income problems, but in the end Jack’s bean deal prove lucrative.  We are wondering if Darling Ingredients' (DAR:  NYSE) acquisition of VION Group in early 2014, will prove as beneficial to the food by-products processor.  The VION operation was a division of VION Holdings N.V. based in the Netherlands that just like Darling collects...

DAR the Rins Blow!

by Debra Fiakas CFA Last week the management of  Darling Ingredients (DAR:  NYSE) staged a webinar on its opportunities in biofuels.  Darling produces biodiesel in Kentucky and Canada and is in a renewable diesel joint venture with Valero Energy (VLO:  NYSE) in Louisiana.  As a recycler of wastes and excess from the food production processes, the production of energy with organic feedstock is a logical extension of Darling’s collection and aggregation infrastructure. The event did not do much for Darling’s share price, but the presentation triggered a few questions about RINs  -  shorthand for...

Darling Soldiers

by Debra Fiakas CFA This week Darling Ingredients (DAR:  NYSE) reported financial results for the quarter ending December 2015, demonstrating management’s collective ability to manage margins in a period of low inflation.  The fourth quarter 2015 top-line was $809.7 million, providing $84.4 million in net income or $0.52 per share.  Revenue was 19.1% lower than the same period last year, but net income increased by 20.7% year-over-year.  Weak commodity prices led to lower sales volumes and selling prices that translated into lower year-over-year revenue.  At the same time the commodity market compression also reduced raw materials...

Darling Ingredients: At the Margin

by Debra Fiakas CFA This week Darling Ingredients (DAR:  NYSE) reported earnings of $100,000 on net sales of $874.7 million in the first quarter ending March 2015.  Darling is a recycler of sorts, collecting by-products of the food production industry and recycling the left-overs and waste into proteins, fats and leathers.  Nothing goes to waste.  Every last chicken feather, hide, gallon of used cooking grease and cake crumb gets up-cycled to a usable material for feed, food, fuel or clothing.  Its customers include pet food producers, personal care manufacturers and textile users, among others. Darling used...

New Energy IPOs

by Debra Fiakas CFA IPO Wordcloud photo via BigStock Investors looking for a piece of the public offering action from the alternative energy industry have been sorely disappointed in recent months.  The last big initial public offering in the sector was SolarCity, Inc. (SCTY:  Nasdaq) in December 2012.  Then in April 2013, there was an initial public offering of the REIT Hannon Armstrong Sustainable Infrastructure Capital (HASI:  Nasdaq).  Anyone looking for bragging rights to IPO shares will have to look to the...

Green Diesel At Scale

Jim Lane A now-complete 142 million gallon green diesel monster project will easily deliver big on renewable energy targets and greenhouse gas emissions reduction. But it also offers a material path to profits for its parents, Valero Energy and Darling International. In Louisiana, Darling International (DAR) announced that Diamond Green Diesel, the joint venture between Valero (VLO) subsidiary Diamond Alternative Energy LLC and Darling International , has reached mechanical completion and the startup process will lead to full production of renewable diesel. Once in full operations, the 9,300 barrel-per-day (142.5 million gallon) plant in Norco,...