Valero Energy Corporation Overview
Valero Energy Corporation is a leading manufacturer and marketer of petroleum-based and low-carbon liquid transportation fuels, as well as petrochemical products. The company operates across the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and other international markets.
Business Segments
- Refining: Produces gasoline, diesel, jet fuel, heating oil, asphalt, and other refined products.
- Renewable Diesel: Operates plants producing renewable diesel and naphtha under the Diamond Green Diesel brand.
- Ethanol: Manufactures ethanol and co-products like dry distiller grains and corn oil for animal feed.
Key Products
- California Reformulated Gasoline Blendstock for Oxygenate Blending (CARBOB)
- Conventional Blendstock for Oxygenate Blending (CBOB)
- CARB diesel, conventional diesel, and jet fuel
- Heating oil, asphalt, and petrochemical feedstocks
- Renewable diesel and ethanol co-products
Distribution & Branding
Valero sells its refined products through wholesale rack and bulk markets. Its retail outlets operate under well-known brand names, including:
- Valero
- Beacon
- Diamond Shamrock
- Shamrock
- Ultramar
- Texaco
Company Background
Originally named Valero Refining and Marketing Company, the company rebranded as Valero Energy Corporation in August 1997. Founded in 1980, Valero is headquartered in San Antonio, Texas.