Diamond Green Diesel approved for Phase III $1.1B large-scale expansion with addition of renewable naphtha production; 675 mgpy
Darling Ingredients Inc. announced the approval of the project to expand the Diamond Green Diesel (DGD) facility in Norco, LA, to increase the facility’s production capacity of renewable diesel by an additional 400 million gallons to a total nameplate annual capacity of 675 million gallons.
The expansion project will be in the form of a second, independent parallel plant located next to the existing facility and will also include a renewable naphtha finishing facility to produce approximately 50 to 60 million gallons of renewable naphtha, adding incremental low carbon credit opportunities to the entire DGD operation.
The estimated cost of the entire project, which will include improved logistics capabilities, is $1.1 billion. This capital cost is expected to be funded from cash generated by DGD’s operations.
DGD is a joint venture between subsidiaries of Valero Energy Corporation and Darling Ingredients.