Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, petrochemical products and power. Valero subsidiaries employ approximately 10,000 people, and assets include 15 petroleum refineries with a combined throughput capacity of approximately 2.9 million barrels per day, 11 ethanol plants with a combined production capacity of 1.3 billion gallons per year, and a 50-megawatt wind farm. More than 7,400 outlets carry the Valero, Diamond Shamrock, Shamrock and Beacon brands in the United States and the Caribbean; Ultramar in Canada; and Texaco in the United Kingdom and Ireland. Through subsidiaries, Valero owns the general partner of Valero Energy Partners LP, a midstream master limited partnership. Valero is a Fortune 10 company based in San Antonio.
Valero Energy Foundation
Valero’s philanthropic arm, the Valero Energy Foundation, is dedicated to improving the lives of those who live in or near the communities where Valero has major operations.
The Valero Energy Foundation supports many nonprofit agencies in locations where Valero has major operations. Here are just two of the ways that the Foundation makes a positive difference in the lives of others:
United Way
The employees of Valero participate in the United Way campaign every year, pledging millions of dollars to help nonprofit community organizations. Valero consistently boasts a 90 percent participation rate with the highest per-capita contributions in the nation. Because of its significant contributions to United Way and its commitment to all of its communities, Valero has twice received the Spirit of America Award, United Way’s highest national honor.
National Multiple Sclerosis Society
Valero's cycling team, Velo Valero, is the largest and top fundraising team in the annual Bike MS: Valero Alamo Ride to the River, which benefits the National Multiple Sclerosis Society. It begins in San Antonio and winds past historic Texas landmarks including the Alamo and through Fort Sam Houston. This picturesque ride has the participants overnighting in New Braunfels, Texas, before their return trip to San Antonio. The Valero team raised more than $160,000 in 2012, bringing Valero's total since becoming the event's title sponsor in 2005 to almost $1.5 million for the National Multiple Sclerosis Society’s Lone Star Chapter.