Valero Expects $5 Billion in Capex in 2019, 2020

SUGAR LAND--April 26, 2019--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite tough market conditions in the first quarter, refiner Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) plans to spend $2.5 billion in both 2019 and 2020. Approximately 60% will be for sustaining the business and 40% for growth projects. The company's capital projects include investments at its refineries, terminals, and alternative fuels production sites. Within this article: Details of key Valero projects Other companies featured: Fluor Corporation (NYSE:FLR)