# Darling Ingredients acquires animal fat company, released Q3 earnings | 2018-11-07  | MEAT+POULTRY

> Darling Ingredients acquired PPH Conto Ltd., a food-grade animal fat processor in Kujawski, Poland, and reported Q3 revenue of $812.6 million, down from $936.3 million a year earlier. The company cited extended downtime at its Diamond Green Diesel joint venture and China trade disputes weighing on animal protein trade flows.

- Date: 2018-11-07 · published 2018-11-07T12:00:00.000Z
- Category: trade · region Global · magnitude low
- Page: https://feedsoft.ai/events/62160-darling-ingredients-acquires-animal-fat-company-released-q3-earnings-2018-11-07
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Record slaughter volumes are creating a large supply of fats and proteins, which pressures rendered fat and meat meal prices. China trade disputes reduce export demand for animal proteins.

## Read by commodity

- MBM: bearish ▼
- SBO: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2022-05-16 | [Darling Ingredients acquires largest Brazilian rendering company - International Pet Food](https://feedsoft.ai/events/41524-darling-ingredients-acquires-largest-brazilian-rendering-company-international.md) | -4.2% | -6.2% |
| SBO | 2022-05-22 | [Malaysia sees sustained competitiveness even as Indonesia resumes palm oil exports](https://feedsoft.ai/events/41497-malaysia-sees-sustained-competitiveness-even-as-indonesia-resumes-palm-oil.md) | -1.6% | -9.5% |
| SBO | 2017-10-16 | [Palm oil demand strong as top buyers China, India restock inventories \| Commodity - Food & Edible Oils - Business Standard](https://feedsoft.ai/events/68563-palm-oil-demand-strong-as-top-buyers-china-india-restock-inventories-commodity.md) | +2.0% | +3.9% |
| SBO | 2019-12-17 | [Brazilian soymeal headed for China
						 \| The Poultry Site](https://feedsoft.ai/events/55645-brazilian-soymeal-headed-for-china-the-poultry-site.md) | +1.9% | +0.5% |
| SBO | 2026-07-27 | [Strong export demand & renewed buying interest outweigh favorable U.S. soybean crop conditions - McKeany-Flavell](https://feedsoft.ai/events/8280-strong-export-demand-and-renewed-buying-interest-outweigh-favorable-u-s-soybean.md) | -7.3% | -3.3% |

## Sources

- meatpoultry.com: https://www.meatpoultry.com/articles/20447-darling-ingredients-acquires-animal-fat-company-released-q3-earnings

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.