Valero Completes Delayed Coker Unit, Expands Renewable Fuel Production

April 28, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--As leading U.S. refiner Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) wraps up a delayed coker addition at one of its refineries, the company also is ramping up production of renewable diesel. In addition, Valero is preparing to reduce the carbon footprint of its ethanol production by being the anchor shipper on a carbon capture and sequestration (CCS) project. In the company's recent earnings-related conference call, Valero Chief Executive Officer Joe Gorder discussed the progress made by the company over the past few months and the direction it is heading in the future.