Valero’s ethanol production soars but financially takes it in the teeth

May 5, 2015 |

In Texas, Valero says it boosted its ethanol production during the first quarter of 2015 to 3.8 million gallons per day, up 681,000 gallons per day compared to the same period in 2014, yet doing so had a negative impact on its margins—just $12 million of operating income for its ethanol segment compared to $243 million during Q1 2014. The company continues to believe ethanol will be an important part of the fuel mix in the longer term.

Category: Fuels

Thank you for visting the Digest.