Valero Energy Corporation : Diamond Green Diesel Plant Finishes Construction,
NORCO, La., June 26, 2013 - The renewable diesel project operated by Diamond
Green Diesel, the joint venture between Valero subsidiary Diamond Alternative
Energy LLC and Darling International Inc., has reached mechanical completion
and the startup process will lead to full production, company officials
Once it's in full operation, the 9,300 barrel-per-day plant will process
recycled animal fat and cooking oil as well as corn oil into renewable diesel
fuel that has comparable properties to petroleum-based diesel. The renewable
diesel can be shipped by pipeline and meets low-carbon fuel standards.
"We're proud to announce that the Diamond Green Diesel plant has been
completed and started up," said Clay Bryant, Manager of Commercial Operations
for Diamond Green Diesel "The renewable diesel produced here is not only a
U.S.-made renewable fuel made from U.S.-based feedstocks, but it will also
create jobs, reduce greenhouse-gas emissions and promote energy security."
Darling International Inc. is the largest and only publicly traded provider of
rendering and bakery residuals recycling solutions to the nation's food
industry. Darling recycles beef, poultry and pork by-product streams into
useable ingredients such as tallow, feed-grade fats, meat and bone meal,
poultry meal and hides. Darling also recovers and converts used cooking oil
and commercial bakery residuals into valuable feed and fuel ingredients.
These products are primarily sold to agricultural, pet food, leather,
oleo-chemical and biodiesel manufacturers around the world. In addition,
Darling provides grease trap collection services and sells used cooking oil
collection equipment to restaurants. For additional information, visit
Darling's website at http://www.darlingii.com.
Valero Energy Corporation, through its subsidiaries, is an international
manufacturer and marketer of transportation fuels, other petrochemical
products and power. Valero subsidiaries employ approximately 10,500 people,
and assets include 16 petroleum refineries with a combined throughput capacity
of approximately 3 million barrels per day, 10 ethanol plants with a combined
production capacity of 1.2 billion gallons per year, and a 50-megawatt wind
farm. More than 7,300 outlets carry the Valero, Diamond Shamrock, Shamrock and
Beacon brands in the United States and the Caribbean; Ultramar in Canada; and
Texaco in the United Kingdom and Ireland. Valero is a Fortune 500 company
based in San Antonio. Please visit www.valero.com for more information.
Statements contained in this release that state the Company's or management's
expectations or predictions of the future are forward-looking statements
intended to be covered by the safe harbor provisions of the Securities Act of
1933 and the Securities Exchange Act of 1934. The words "believe," "expect,"
"should," "estimates," "intend," and other similar expressions identify
forward-looking statements. It is important to note that actual results could
differ materially from those projected in such forward-looking statements.
Melissa Gaither (Darling), (972) 717-0300
Bill Day (Valero), (210) 345-2928
This announcement is distributed by Thomson Reuters on behalf of Thomson
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.
Source: Valero Energy Corporation via Thomson Reuters ONE
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