SOURCE: Industrial Info Resources

Industrial Info Resources

July 27, 2011 06:45 ET

Strong Demand, Ongoing Projects Keep Valero Chugging in Second-Quarter 2011, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Jul 27, 2011) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas), a leading international manufacturer and marketer of transportation fuels and other petrochemical products, reported solid overall gains for the second quarter of 2011 as global demand for refined products continued to grow and refining throughput volumes were increased to their highest utilization rate in three years. Net income for the quarter was reported to be $744 million, a 27.62% increase from second-quarter 2010.

Industrial Info is tracking 99 active Valero projects worldwide that are worth a total of more than $4.6 billion. For more information, visit Industrial Info's North American Petroleum Refining Project Database.

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Industrial Info Resources (IIR) is the leading provider of global market intelligence, specializing in the industrial process, heavy manufacturing and energy markets. IIR's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. For more information, send inquiries to refininggroup@industrialinfo.com or visit us online at www.industrialinfo.com.

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