In the United States (US), Darling Ingredients Inc., a global developer, and producer of sustainable natural ingredients from edible and inedible bio-nutrients has recently announced that Diamond Green Diesel (DGD), its joint venture with Valero Energy Corporation (Valero), has received the necessary air permit from the Texas Commission on Environmental Quality (TCEQ), making construction one step closer for the proposed renewable diesel plant known as DGD III in Port Arthur, Texas (TX).
The current DGD II 400 million (US) gallon (≈ 1.5 billion litre) plant expansion is still expected to be completed in 2021, bringing the total capacity of DGD to 675 million gallons (≈ 2.55 billion litres) of renewable diesel production, while also adding 60 million gallons (≈ 227 million litres) of renewable naphtha production to the platform.
DGD continues to work through its gated project development process and a final investment decision for DGD III is expected to be reached in early 2021.
Our timeline to construct an additional 400 million gallons of renewable diesel production in Port Arthur, Texas is on schedule. DGD is in the process of finalizing Phase III engineering plans and cost estimates to build another state of the art facility. We anticipate that both joint venture partners’ Board of Directors will be in a position to approve moving forward with the project in early 2021. As we meet this investment decision timeframe, we believe that DGD III would be operational in 2024, said Randall C. Stuewe, Chairman and CEO of Darling Ingredients
With the potential approval of DGD III, Darling’s joint venture will have a renewable diesel production capacity of 1.1 billion gallons (≈ 4.16 billion litres) and 100 million gallons (3.78 million litres) of renewable naphtha production capacity annually.
Darling’s vertically integrated supply chain provides DGD with superior low-cost feedstocks, and when combined with the refining expertise of our joint venture partner, supports DGD’s position as the lowest-cost producer of renewable fuels in North America, ended Randall C. Stuewe.
