QUOTE AND NEWS
Motley Fool  Jul 26  Comment 
The natural ingredients producer and distributor is on a tear in 2017, but Darling Ingredients has several growth opportunities ahead.
Motley Fool  May 12  Comment 
The rendering and biodiesel company continued to execute on its strategic initiatives to start 2017.
CNNMoney.com  Apr 30  Comment 
"Full Frontal" correspondents Ashley Nicole Black, Amy Hoggart, and Mike Rubens were less than an hour removed from an event that's been in the works for months, and their joy was still palpable.
CNNMoney.com  Apr 28  Comment 
Samantha Bee may have said back in January that her "Not the White House Correspondents' Dinner" was an idea born "out of a place of crisis and lack of sleep," but three months later, the late-night host is presiding over what's become one of...
Motley Fool  Mar 1  Comment 
The rendering and biodiesel company jumped after a solid quarterly report. Here's what investors need to know.
Motley Fool  Mar 1  Comment 
The rendering and biodiesel company delivered another great quarter to end the year. Here's what investors need to know.
Motley Fool  Nov 11  Comment 
Though market conditions took a turn for the worse in the third quarter, the rendering and biodiesel company admirably took it in stride.
Forbes  Sep 14  Comment 
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative...




 
TOP CONTRIBUTORS

Darling International Inc. (AMEX:DAR) is the largest rendering business in the United States. It provides recycling and rendering services in which animal and food waste products are turned into useful commercial goods such as tallow, meat and bone meal, and yellow grease (cooking grease). Initially based out of Texas, Darling International now has 44 facilities and over 1,200 employees, controlling a near monopoly share of the rendering business in some parts of the country.

Error creating thumbnail

Business Segments

Products

  • Protein Meal
    • Bone Meal:
    • Meat Meal:
  • Tallow:
  • Yellow Grease:

Customers

  • Food Industry
  • Agriculture:
  • Manufacturing:

Industry Metrics

Performance Metrics

Trends and Forces

  • End Product Demand:Because tallow and yellow grease are good substitutes for the vegetable oil feedstock used in biodiesel production, and the price of these oils has nearly doubled over the past 18 months, the biofuel boom is responsible for increased prices in renderers' end products and profits have increased greatly. As long as biodiesel subsidies remain in place and demand for biodiesel remains high, this trend is likely to continue. Hence the biofuel boom will lead to increased prices in soap, paint, and other oil dependent products.
  • Mad Cow Disease:Bovine spongiform encephalopathy (BSE), commonly known as mad cow disease, is a major concern for the rendering business and Darling International in particular. About 1% of cattle and 2% of poultry die before they are slaughtered, opening a large market for the processing of their bodies. The whole animal is processed and included in the processed meal, which is used as feed. If the animal has BSE it is a risk to include it in feedstock. Regulations resulting from a mad cow incident or scare would reduce attainable revenues for the rendering industry.

Competition

Darling International faced bankruptcy at one point and a group of 6 banks acquired a 3/4 equity position in the company in exchange for a $163m line of credit. After the second largest renderer in the nation decided to quit the rendering business amidst the threat of BSE, Darling acquired them and now runs a near monopoly on the rendering business in the US. In New Jersey, for example, anti-trust laws prevent Darling from buying any of the few remaining New Jersey renderers.




References

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki