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Food recycling firm Darling International acquires river terminal, storage facility

FBR Staff Writer Published 19 September 2012

Darling International, a provider of food waste recycling solutions, has acquired a river terminal and storage facility located on the Mississippi River in Muscatine, Iowa, from CK Processing and River Terminal.

Specific terms of the transaction were not disclosed.

Darling International chairman and chief executive officer Randall Stuewe said that the purchase of river terminal and storage facility will facilitate the company's growth.

It will also provide logistical support for its Midwest facilities to supply feedstock to the company's Diamond Green Diesel JV in Norco, Louisiana, Stuewe added.

Darling International offers rendering and bakery waste recycling solutions to the food industry in the US. The company recycles beef, pork and poultry waste streams into useable ingredients such as tallow, feed-grade fats, meat and bone meal, poultry meal and hides.

The company also recovers and converts used cooking oil and commercial bakery waste into feed and fuel ingredients. These products are primarily sold to agricultural, pet food, leather, oleo-chemical and bio-diesel manufacturers around the world.