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Valero, Darling to Invest $315 Million for One of the World’s Largest Sustainable Aviation Fuel Projects

Valero, Darling to Invest $315 Million for One of the World’s Largest Sustainable Aviation Fuel Projects

Darling Ingredients Inc., and Valero Energy Corporation, announced that the companies have made the final investment decision on a Sustainable Aviation Fuel project at the Diamond Green Diesel 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.

See related article: United, Tallgrass, and Green Plains Form Joint Venture to Develop New Sustainable Aviation Fuel Technology Using Ethanol

“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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