DG Fuels Named One of the Bioeconomy’s ‘50 Hottest Companies’

VACHERIE, La. (press release) – DG Fuels, a sustainable aviation fuel company, has been included on a list of the 50 Hottest Companies in the Bioeconomy for the second consecutive year. The Washington, D.C.-based company, which hopes to create a $4.96 billion sustainable facility in St. James Parish, uses proprietary processes and technology to create sustainable aviation fuel from plant waste.

The annual ranking is presented by The Biofuels Digest, a publication in the sector that claims a global readership of more than 6.1 million.

“We are pleased to be recognized alongside distinguished colleagues in the bioeconomy field,” said Michael C. Darcy, CEO of DG Fuels, in a press release. “This acknowledgment reflects DG Fuels’ diligent efforts and commitment to global sustainability endeavors as we deploy our scalable and highly efficient SAF technology.”

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The 50 Hottest Companies in the Bioeconomy is an annual ranking that highlights companies making contributions to the bio-based economy. Areas of focus include biofuels, bioproducts and renewable chemicals. The list is compiled based on votes from industry experts and peers.

A DG Fuels spokesperson said its proposed St. James facility will produce enough fuel, after blending, to power more than 30,000 transatlantic flights a year. 

The company has proposed committing $26 million to community programs and philanthropic organizations. In February, the St. James Parish Council endorsed the plan. A spokesperson said the company will continue to engage with its neighbors and local leaders as it seeks approval for the project. 

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According to company data, the fully operational clean energy project could create 650 direct permanent jobs and a total of 1,397 indirect jobs in St. James Parish.

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