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Valero recently reported its 2024 results, highlighting several milestones achieved by Team Valero last year.
2024 marked Valero’s best year for personnel and process safety, as well as one of its best years for environmental performance. These achievements reflect the company’s long-standing commitment to safe, reliable and environmentally responsible operations.
Valero also set a record for ethanol production, driven by the expansion of its Charles City, Iowa, plant and optimization efforts at other ethanol facilities in the U.S. Midwest.
On the project front, the Diamond Green Diesel Sustainable Aviation Fuel project, co-located with Valero’s Port Arthur, Texas, refinery, was successfully started in the fourth quarter and is now fully operational. This milestone further strengthens Valero’s position as a leading producer of low-carbon fuels. Additionally, the company is advancing an optimization project at its St. Charles refinery in Louisiana, aimed at increasing the refinery’s yield of high-value products. This project is expected to start up in 2026.
Beyond its operational successes, Valero continued its deep-rooted commitment to community support. In 2024, employees volunteered more than 133,000 hours to support their local communities. Team Valero also contributed a record $21.4 million to United Way affiliates across 26 states, with $7.6 million designated for the United Way of San Antonio and Bexar County.
Valero’s impact extended to major events as well. The Valero Alamo Bowl, held in December, featured a matchup between Brigham Young University and the University of Colorado Boulder that drew more than 64,000 attendees and eight million television viewers and generated $1.25 million in scholarships for 168 local students — the largest local scholarship amount in the bowl game’s history. Since the Valero Alamo Bowl’s inception, nearly $12 million in scholarships have been awarded to approximately 2,000 students, helping them pursue higher education.
In April, through the generosity of business partners, donors and sponsors, the Valero Texas Open (VTO) and Valero Benefit for Children (BFC) raised a record $24 million in the U.S., along with an additional $1 million in the UK and Canada, where BFC events are also hosted. As a result, more than 250 agencies received support through the BFC, including 58 in San Antonio.
These milestones underscore the dedication, hard work and commitment of Team Valero, not only in advancing the company’s business operations but also in making a meaningful impact in the communities where employees live and work. Valero remains committed to taking actions that help build a better tomorrow for both business and the community.
