Valero Watches Margins Tumble in Third-Quarter 2013, Expects $3 Billion Capital Expenditures in 2014
Valero Watches Margins Tumble in Third-Quarter 2013, Expects $3 Billion Capital Expenditures in 2014
SUGAR LAND--October 30, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas), a leading international manufacturer and marketer of transportation fuels and other petrochemical products, saw a sharp drop in income in third-quarter 2013 after lower refining throughout margins were reported in all four of the company's geographic refining segments. Industrial Info is tracking more than $3.1 billion in active projects involving Valero.
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