2026 Valero Report on Guiding Principles - Report - Page 4
Our Business
We are a Fortune 500 company (NYSE: VLO) and a multinational manufacturer and marketer of petroleum-based and
low-carbon liquid transportation fuels and petrochemical products, and we sell our products primarily in the United
States (U.S.), Canada, the United Kingdom (U.K.), Ireland and Latin America. We manage our operations through our
Re昀椀ning, Renewable Diesel and Ethanol segments.
Re昀椀ning Segment
WORLD’S PREMIER INDEPENDENT REFINER - GROWTH PROJECTS FOCUSED ON COST CONTROL, OPTIMIZATION
AND MARGIN EXPANSION
• 14 petroleum re昀椀neries
• 3.0 million barrels per day (bpd) of high-complexity throughput capacity
• Lowest-cost producer of gasoline, diesel, jet fuel and other specialty products, including petrochemicals and asphalt
Renewable Diesel Segment
WORLD’S 2ND LARGEST RENEWABLE DIESEL PRODUCER - PROFITABLE, HIGH-RETURN PROJECTS TARGETING
GROWING LOW-CARBON MARKETS
• Up to 1.2 billion gallons per year of renewable diesel
• Up to 235 million barrels per year of synthetic paraf昀椀nic kerosene (SPK) or neat sustainable aviation fuel (SAF)1
• Up to 80% reduction in renewable diesel's life cycle GHG emissions, compared with traditional diesel2
• Renewable diesel and blended SAF are compatible with existing engines and infrastructure
Ethanol Segment
WORLD’S 2ND LARGEST CORN ETHANOL PRODUCER AND LARGEST U.S. EXPORTER - EXPANDING CAPACITY AND
DEVELOPING PROJECTS TO CREATE A HIGHER VALUE ETHANOL
• 12 ethanol plants
• 1.7 billion gallons per year production capacity
• 4.4 million tons of high protein animal feed produced per year
• At least 30% reduction in life cycle GHG emissions, compared with petroleum gasoline2
• Existing logistics assets well positioned to support export growth
WHOLESALE MARKETING PRESENCE
BRANDED WHOLESALE PRESENCE
VALERO REFINERIES
VALERO ETHANOL PLANTS
VALERO TERMINALS
WELCOME
ALBERT CITY
FORT DODGE
AURORA
JEAN GAULIN
(QUEBEC)
VALERO CORPORATE OFFICES
CHARLES CITY
DIAMOND GREEN DIESEL
CANADA
MONTREAL
(RENEWABLE DIESEL PLANTS)
LAKOTA
HARTLEY
SUSTAINABLE AVIATION FUEL (SAF) PRODUCTION
ALBION
U.S. RENEWABLE DIESEL WHOLESALE PRESENCE
BLUFFTON
PIPELINES
UNITED
STATES
PAYMENT SERVICE CENTER
SUNRAY WIND
BLOOMINGBURG
COGENERATION UNITS
LINDEN
MOUNT
VERNON
AMARILLO
MEMPHIS
WILMINGTON
MCKEE
UNITED
KINGDOM
IRELAND
SAN ANTONIO
PEMBROKE
ARDMORE
MERAUX
THREE
RIVERS
PORT ARTHUR
BILL GREEHEY
(CORPUS CHRISTI
EAST AND WEST)
HOUSTON
TEXAS CITY
PERU
4
LONDON
ST. CHARLES
MEXICO CITY
MEXICO
LIMA
EXPANDERS
(ELECTRICITY PRODUCED FROM EXHAUST GASES)
