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Benzinga

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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