Renewable Diesel Driving Low Carbon Results
Developing Economic Paths to Further Reduce the Carbon
Intensity of Our Products
Partnering with BlackRock and Navigator for a large-scale
carbon capture and storage project
- 1,200 mile pipeline is expected to span across five Midwest states
- Valero is expected to be the anchor shipper with eight of its ethanol plants
connected to the carbon capture pipeline
- Navigator is expected to lead the construction and operations of the system,
with operations anticipated to begin late 2024
•
Project driven by strong economic returns
- 45Q Tax Credit of $50 per metric ton of CO2 captured and stored (1)
- Approximately 50 cents per gallon uplift on the lower carbon intensity
ethanol in LCFS markets
MINNESOTA
SOUTH
DAKOTA
AURORA
WELCOME
ALBION
NEBRASKA
HARTLEY
LAKOTA
CHARLES
CITY
Valero®
renewables
SEQUESTRATION SITE
PROPOSED PIPELINE
VALERO ETHANOL PLANTS
ALBERT
CITY FORT
DODGE
IOWA
ILLINOIS
Map is indicative only. Exact pipeline route subject to change following the conclusion of Open Season.
(1) Typical CO2 production from ethanol plants is 0.003 metric tons per gallon of ethanol produced.
Growth Through Innovation in Renewables
H₂
Advancing Renewable
Naphtha production
Developing Sustainable
Developing Renewable
Aviation Fuel (SAF)
Hydrogen
Increasing Renewable
Diesel production
INVESTOR PRESENTATION | JUNE 2021
CO2
Evaluating additional Carbon
Sequestration opportunities
Valero 12View entire presentation