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Diamond Green SAF Project Completion Expected in 2025

Alexandra Watts | 07.27.2023

Valero Earnings Beat Wall Street, Impressive Quarter for DGD

Valero Energy earnings beat Wall Street analyst estimates for the Q2 2023 by posting a $5.40 per share profit, beating the average analysts’ estimate of $5.08. Revenue plummeted to $34.5 billion, falling below analysts’ expectations of $34.82 billion. Revenue was well below the $51.6 billion posted for Q2 2022.

One of the larger surprises to come from the Q2 report was how well the renewable diesel segment performed. Valero’s joint venture with Darling Ingredients, Diamond Green Diesel (DGD), played a significant role in third quarter and year to date performance.

Renewable Diesel

The renewable diesel business reported $440 million of operating income for the second quarter 2023 compared to $152 million for the second quarter of 2022. Renewable diesel sales volumes…

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03.07.2025

Sausage casings bulletin, March 7, 2025

Runner market commentary
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03.03.2025

EASA releases EU SAF mandate penalty reference prices

The EU Aviation Safety Agency (EASA) released its report on 2024 aviation fuel prices on February 25, and this will be used to assess penalties for non-compliance with ReFuelEU...

03.03.2025

Gulf UCO, tallow prices edge lower; Chicago lard posts modest gains

Activity in the US animal fats and oils markets picked up late in the day on Monday March 3, with the US Gulf region reporting the bulk of trades.

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