Valero Energy Corporation

Valero Energy Corporation produces, distributes, and retails transportation fuels and petrochemical goods in the US, Canada, the UK, Ireland, and more. It is composed of three divisions: Refining, Renewable Diesel, and Ethanol. It manufactures standard, advanced, and revised gasolines; gasoline that follows the requirements of the California Air Resour As of December 31, 2021, the company had a total of fifteen refineries that had a combined processing potential of approximately 3.2 million barrels per day and twelve ethanol plants with an overall production volume of 1.6 billion gallons per annum. It is involved in trade of CARB board diesel, other distillates, blendstocks, jet fuels, asphalts, petrochemicals, lubricants, and other refined petroleum items, lube oils and natural gas liquids. Moreover, it also markets low-sulfur and ultra-low-sulfur diesel fuels. Valero sells its processed items via wholesale racks and bulk exchanges, and also through roughly 7,000 outlets using the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar and Texaco brands. On top of that, the business manufactures and offers ethanol, dry distiller grains, syrup, and uneatable corn oil mainly to animal feed purchasers. In addition, it has control of and operates crude oil and processed petroleum items. Valero Energy Corporation, founded in 1980 and headquartered in San Antonio, Texas, oversees a range of infrastructure such as pipelines, terminals, tanks, marine docks, truck rack bays and other logistics facilities. In addition, it operates a manufacturing plant that manufactures renewable diesel from animal fats, used cooking oils and inedible distillers corn oils. The company initially went by the name of Valero Refining and Marketing Company, but changed to its current moniker in August 1997.