VLO Profile
Valero Energy Corporation, headquartered in San Antonio, Texas, is a prominent manufacturer, marketer, and distributor of transportation fuels and petrochemical products across the United States, Canada, the United Kingdom, Ireland, and globally. Established in 1980 and formerly known as Valero Refining and Marketing Company, the company operates through three core segments: Refining, Renewable Diesel, and Ethanol.
The Refining segment represents Valero's largest operational component, encompassing 15 petroleum refineries with a combined throughput capacity exceeding 3.2 million barrels per day. These refineries produce a diverse range of products including conventional and premium gasolines, diesel fuels, jet fuels, and asphalt, meeting stringent environmental specifications such as those set by the California Air Resources Board (CARB). Additionally, Valero manufactures and markets petrochemicals, lubricants, and other refined petroleum products to meet industrial and consumer demand.
In the Renewable Diesel segment, Valero is a leading producer with a facility dedicated to converting animal fats, used cooking oils, and inedible corn oils into renewable diesel. This facility plays a pivotal role in Valero's commitment to sustainable energy solutions, contributing to reduced greenhouse gas emissions and advancing environmental stewardship.
Valero also operates 12 ethanol plants with a combined production capacity of approximately 1.6 billion gallons per year. These plants produce ethanol, dry distiller grains, syrup, and inedible corn oil primarily for animal feed, reinforcing Valero's position in the renewable fuels market. The company distributes its products through a robust network of approximately 7,000 outlets under renowned brands such as Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco, catering to wholesale rack, bulk markets, and consumer retail channels globally.
|
