Ultramar Obtains Full Backing from Quebec Government for Pipeline Project

SUGAR LAND--April 13, 2010--Researched by Industrial Info Resources (Sugar Land, Texas)--More than five years after submitting a project plan to the Quebec Department of Sustainable Development, Environment and Parks for a pipeline for refined oil products between the Jean-Gaulin refinery and the Montreal East terminal, Ultramar Limited (Montreal, Quebec) has obtained the final four government decrees to allow construction to proceed. Ultramar is a subsidiary of the Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas), a company that owns 15 refineries in the United States, Aruba and Canada.