Darling Ingredients Issues Statement On Tariffs; Says "We Expect Global Trade Flows To Adjust And Normalize Over Time. With Our Strong International Footprint And Market Agility, Darling Ingredients Remains Well Positioned To Navigate Shifts In Tr...
Darling Ingredients Inc. DAR | 0.00 |
Darling Ingredients Inc. (NYSE:DAR) today issued the following statement regarding tariffs.
Darling Ingredients is a resilient global business, operating 260 facilities across five continents. Our scale, geographic diversity and integrated supply chain enable us to adapt quickly to changing market dynamics and continue meeting customer needs around the world.
The vast majority of the ingredients we produce in the U.S. are utilized domestically, with minimal exposure to exports impacted by current tariffs, including to China. We do not believe these current developments are material to our business.
Historically, we have managed through many periods of volatility in finished product markets driven by commodity fluctuations. We view this situation no differently and, as always, are making the necessary adjustments to maintain and protect our margins.
We expect global trade flows to adjust and normalize over time. With our strong international footprint and market agility, Darling Ingredients remains well positioned to navigate shifts in trade policy and continue delivering value to customers and stakeholders.
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