Darling Ingredients Inc. · NYSE:DAR
Darling Ingredients — Investor Presentation (June 2016)
7 slides from Darling Ingredients's investor presentation, Jun 7, 2016
Slide 1: Biofuels LCFS Presentation
Exhibit 99.1 Biofuels LCFS Presentation DARLING INGREDIENTS DARERO “Bakery Feeds ME ecoson noveeetS Peptan’ besthides mOmwaay Wrens OARERO hepac cth eerendsc © sonac OARPRO
Slide 2: Forward-looking statements
This presentation contains “forward-looking” statements regarding the business operations and prospects of Darling Ingredients Inc. and industry factors affecting it. These statements are identified by words such as “believe,” “anticipate,” “expect,” “estimate,” “intend,” “could,” “may,” “will,” “sh
Slide 3: RFS2, LCFS and Biodiesel Tax Credit mandates create a green premium
3 RFS2 LCFS Biodiesel Tax Credit Mandates which dictate the use of biomass based diesel + + = Green Premium
Slide 4: RFS2 renewable fuel volume mandates (RINs)
4 Renewable Mandate (D6) 18.8 billion RINs - Includes corn ethanol Advanced Mandate (D5) 4.0 billion RINs - Includes sugar-based ethanol Cellulosic Mandate (D3) 312 million RINs Biomass Based Diesel Mandate (D4) 2.0 billion gallons Biodiesel Renewable Diesel 2016 18.11 3.61 1.90 230 2017 18.8* 4.0*
Slide 5: RFS2 and LCFS similarities and differences
RFS2 LCFS 5 Create demand for biomass based diesel Market-based pricing determines the value No sunset provision • Administered by CARB • Administered by EPA • California jurisdiction • U.S. jurisdiction • CI reduction mandates • Volume mandates Feedstock important in determining GHG reduction • GHG
Slide 6: LCFS carbon intensity reduction mandates, 2016-2020
6 Mandate carbon reducing fuels No sunset provision 2.0% 3.5% 5.0% 7.5% 10.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 2016 2017 2018 2019 2020 5x the 2016 reduction
Slide 7: Darling advantage across LCFS and RFS2 mandates
7 Renewable (D6) - Includes corn ethanol Advanced (D5) - Includes sugar-based ethanol Cellulosic (D3) Biomass Based Diesel (D4) Biodiesel Renewable Diesel Hydrogen Ethanol (Corn/Sugar/Cellulosic) Biodiesel Renewable Diesel Electricity (LDVs/HDVs/Rail) Conventional/Renewable Natural Gas LCFS RFS2 Dar
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