Valero's refining segment includes its refining operations, associated marketing activities and logistics assets that support its refining operations. Valero, through its subsidiaries, owns 15 petroleum refineries in the United States, Canada and the United Kingdom, with a combined throughput capacity of approximately 3.1 million barrels per day.
Valero sells its refined petroleum products in both the wholesale rack and bulk markets. Approximately 7,400 outlets carry the Valero®, Beacon®, Diamond Shamrock® and Shamrock® brands in the U.S.; the Ultramar® brand in Canada; and the Texaco® brand in the U.K. and Ireland.
Most of Valero's logistics assets, which include crude oil pipelines, refined petroleum product pipelines, terminals, tanks, marine docks, truck rack bays and other assets, support its refining operations, and some of these assets are owned by Valero Energy Partners LP (VLP), a midstream master limited partnership majority-owned by Valero.
Valero also owns 50 percent of a joint venture, Diamond Green Diesel Holdings LLC (DGD), which operates a 10,000-barrel-per-day renewable diesel plant in Norco, Louisiana, that processes used cooking oil, recycled animal fat and corn oil into renewable diesel fuel; and Sunray Wind, a 50-megawatt wind farm that produces electricity for the McKee refinery in Sunray, Texas.
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