valero energy original dgd facility diamond ii expansion · 2020. 6. 4. · • joint venture...

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Learn more at www.darlingii.com Using domestic feedstock to create U.S. jobs to produce sustainable fuel for our nation’s needs • Producing renewable diesel fuel from processed animal fats, used cooking oil, and used distiller oils since 2013 • Renewable diesel is a second generation drop-in renewable fuel that reduces greenhouse gas emissions by up to 85% when compared with petroleum-based diesel (this GHG reduction is equivalent to available cellulosic fuels) • 100% capable of supplying LCFS (Low Carbon Fuel Standards) markets with lowest carbon intensity scores • Construction underway for Diamond II expansion; currently reviewing possible new Diamond III facility in Texas • After Diamond II is complete in late 2021, DGD will process ~35% of North America’s waste fats and oils • Diamond II will also produce 60 million gallons of Naphtha, a liquid hydrocarbon with multiple industrial uses • Joint venture between Darling Ingredients Inc. and Valero Energy Corporation in Norco, LA Annual production Domestic economic Annual GHG emission capacity: activity: reduction equivalency: Current DGD 275 million gallons $2.15 billion 1 removes 770,958 cars from road facility ( 1 LMC International, 2019) (compared to petro-based diesel) Diamond II 2 675 million gallons additional $3.1 billion 1 removes 1.89 million cars from road ( 2 under construction, late 2021 completion) (total DGD facility = $5.25 bln.) (compared to petro-based diesel) Diamond II expansion Valero Energy Original DGD facility

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Page 1: Valero Energy Original DGD facility Diamond II expansion · 2020. 6. 4. · • Joint venture between Darling Ingredients Inc. and Valero Energy Corporation in Norco, LA Annual production

Learn more at www.darlingii.com

Using domestic feedstock to create U.S. jobs to produce sustainable fuel for our nation’s needs• Producing renewable diesel fuel from processed animal fats, used cooking oil, and used distiller oils since 2013

• Renewable diesel is a second generation drop-in renewable fuel that reduces greenhouse gas emissions by up to 85% when compared with petroleum-based diesel (this GHG reduction is equivalent to available cellulosic fuels)

• 100% capable of supplying LCFS (Low Carbon Fuel Standards) markets with lowest carbon intensity scores

• Construction underway for Diamond II expansion; currently reviewing possible new Diamond III facility in Texas

• After Diamond II is complete in late 2021, DGD will process ~35% of North America’s waste fats and oils

• Diamond II will also produce 60 million gallons of Naphtha, a liquid hydrocarbon with multiple industrial uses

• Joint venture between Darling Ingredients Inc. and Valero Energy Corporation in Norco, LA

Annual production Domestic economic Annual GHG emission capacity: activity: reduction equivalency:

Current DGD 275 million gallons $2.15 billion 1 removes 770,958 cars from roadfacility (1LMC International, 2019) (compared to petro-based diesel)

Diamond II2 675 million gallons additional $3.1 billion1 removes 1.89 million cars from road (2under construction, late 2021 completion) (total DGD facility = $5.25 bln.) (compared to petro-based diesel)

Diamond II expansion

Valero Energy

Original DGD facility