Valero Breaks Earnings Records in 2011 as Retail, Ethanol Improve Volumes, Production, an Industrial Info News Alert

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 its highest full-year earnings since 2008, as the Retail segment boasted its most profitable year in the company's history, the Ethanol segment saw its most profitable quarter, and two major acquisitions strengthened the company's global position. Valero reported $45 million in net income for the quarter, compared with a net loss of $438 million in fourth-quarter 2010, and $2.09 billion in net income for the year, compared with a $324 million gain in 2010.

Industrial Info is tracking more than $5.8 billion in active Valero projects, including two hydrocracker unit additions at major refineries that are valued at $1 billion each.

For details, view the entire article by subscribing to Industrial Info's Premium Industry News at http://www.industrialinfo.com/showAbstract.jsp?newsitemID=195880&refer=marketwire, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info'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. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

Contact:
Joe Govreau
713-783-5147