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Benzinga
Benzinga
Business
Shivani Kumaresan

Chick-fil-A Picks Darling Ingredients To Make Renewable Fuel

DAR (Organization) Darling Ingredients United States Canada NYSE
  • Chick-fil-A Inc has selected Darling Ingredients Inc (NYSE:DAR) to convert its used cooking oil into renewable transportation fuel.
  • The company's service brand, DAR PRO Solutions, will collect the used cooking oil from all Chick-fil-A restaurants in the U.S. and Canada.
  • "We admire Chick-fil-A's commitment to reducing food waste and are proud to be part of a solution that keeps food waste out of our landfills while delivering a renewable fuel that reduces GHG emissions," said Sandra Dudley, EVP, Renewables and U.S. Specialty Operations.
  • Darling Ingredients turns used cooking oil into renewable diesel through its Diamond Green Diesel venture. The finished renewable fuel has the ability to reduce greenhouse gasses by 85%.
  • Price Action: DAR shares are trading higher by 3.29% at $75.99 on the last check Monday.
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