Renewable Diesel Driving Low Carbon Results
Expansion into Low-carbon Renewable Fuels Underpinned by
Higher Economic Returns
Valero
DIAMOND
GREEN DIESEL
Renewable Diesel Capacity
(million gallons per year)
1,160
Renewable Diesel Realized Cash Flow Profile
($ in millions)
$1,326 million cumulative EBITDA
$791 million cumulative Capex
$1,350
$1,135
470
Cumulative EBITDA
DGD 1 Cumulative Capex
$920
DGD 2 Cumulative Capex
DGD 3 Cumulative Capex
Net Cumulative Cash Flow
(EBITDA less Capex)
$705
$490
$725 MM Capex
$275
Mix shift to
400
$60
renewable
($155)
fuels should
($370)
15
115
160
$550 MM Capex
drive higher
($585)
Return on
($800)
2013
DGD 1 DGD 1 Expansion DGD
St. Charles
2018
2020
2021
DGD 2
St. Charles Optimization
St. Charles
2023
DGD 3
Port Arthur
2023
2011 2012 2013 2014 2015 2016 2017
2018
2019 2020 1Q21
Invested
Capital
INVESTOR PRESENTATION | JUNE 2021
See slides 23-24 for notes regarding this slide. See slides 43-53 for non-GAAP disclosures.
Diamond Green Diesel EBITDA and Capex reflects Valero's 50% share.View entire presentation