Valero Sees Heavy Turnaround Time, Invests in Capital Projects
SUGAR LAND--April 26, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) is coming out of several major refinery turnarounds, which accounts for the company's drop in first-quarter 2017 income, Chief Executive Officer Joe Gorder said Tuesday. Other capital projects, including the company's Diamond Pipeline and Diamond Green diesel plant expansion are progressing well, he said.