Valero Energy Corporation

Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products. The company operates in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It is structured into three segments: Refining, Renewable Diesel, and Ethanol. In its Refining segment, Valero produces various fuels including California Reformulated Gasoline Blendstock for Oxygenate Blending (CARBOB), Conventional Blendstock for Oxygenate Blending (CBOB) gasolines, CARB diesel, diesel, jet fuel, heating oil, and asphalt. It also produces feedstocks, aromatics, sulfur and residual fuel oil, intermediate oils, and sulfur, sweet, and sour crude oils. These refined products are sold through wholesale rack and bulk markets, and through outlets under the Valero, Beacon, Diamond Shamrock, Shamrock, Ultramar, and Texaco brands. The Renewable Diesel segment involves the ownership and operation of renewable diesel plants. Under the Diamond Green Diesel brand name, the company produces and sells renewable diesel, renewable naphtha, and neat sustainable aviation fuel. The Ethanol segment focuses on the production and sale of ethanol and various co-products. These co-products, which include dry distillers grains, syrup, and inedible distillers corn oil, are supplied to animal feed customers. Valero Energy Corporation was founded in 1980 and is headquartered in San Antonio, Texas.