[Brief Introduction]
Valero Energy Corporation, through its subsidiaries, is a manufacturer and marketer of transportation fuels and other petrochemical products. Valero, a Fortune 50 company based in San Antonio, Texas, with approximately 10,000 employees, is an independent petroleum refiner and ethanol producer, and its assets include 15 petroleum refineries with a combined throughput capacity of approximately 3.1 million barrels per day and 11 ethanol plants with a combined production capacity of approximately 1.45 billion gallons per year. The petroleum refineries are located in the United States, Canada and the United Kingdom, and the ethanol plants are in the Mid-Continent region of the U.S. In addition, Valero owns the 2 percent general partner interest and a majority limited partner interest in Valero Energy Partners LP, a midstream master limited partnership. Valero sells its products in both the wholesale rack and bulk markets, and approximately 7,400 outlets carry Valero's brand names in the U.S., Canada, the U.K. and Ireland.
Valero has a workforce of about 10,000 employees and a refining throughput capacity of approximately 3.1 million barrels per day, making it independent refiner-among refiners that don't also drill for oil. The company ranks No. 31 on the current Fortune 500 list, and is still based in its hometown of San Antonio. Valero is also a leading ethanol producer with 11 ethanol plants in the Mid-Continent region of the U.S. and a combined production capacity of 1.45 billion gallons per year.
[Business]
Valero’s business is refining and marketing, and the company offers many high-quality fuel products to its customers.
Editor: Yaling
