SOURCE: Industrial Info Resources

December 17, 2009 05:15 ET

Valero to Gobble Up an Additional 350 Million Gallons of Annual Ethanol Capacity, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - December 17, 2009) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Valero Energy Corporation (NYSE:VLO) (San Antonio, Texas) is set to gobble up an additional 350 million gallons of ethanol capacity in a $272 million deal to purchase three existing ethanol production facilities in Indiana, Ohio and Wisconsin. When the acquisition is complete and all of the plants are producing, Valero will have an annual production capacity of more than 1 billion gallons of ethanol, ranking them among the top domestic producers.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=153708, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy related markets. For more than 26 years, Industrial Info has provided plant and project opportunity databases, market forecasts, high resolution maps, and daily industry news. For more information send inquiries to alternativefuelsgroup@industrialinfo.com or visit us at www.industrialinfo.com.

Contact Information

  • Contact:
    Joe Govreau
    713-783-5147