Visibility to Growth and Disciplined Capital Management
Visibility to Growth with a Steady Pipeline
of High Return Projects
Expect to spend approximately $1 billion annually on
growth investments
Approximately $340 MM in incremental EBITDA for 2018
from completed projects
Diamond and Sunrise Pipelines, Wilmington cogeneration
unit and Diamond Green Diesel expansion
Projects in execution phase (by expected completion
date)
-
Pasadena terminal (2020), $410 MM cost(1)
St. Charles alkylation unit (2020), $400 MM cost
Pembroke cogeneration unit (2020), $170 MM cost
Diamond pipeline expansion (2021), $100 MM cost (1)
Diamond Green Diesel train II (2021), $550 MM cost(1)
Port Arthur coker (2022), $975 MM cost
Other projects in development phases
Expanding product supply chain into Mexico and Latin
America
Increasing light products yield and octane enhancement in
U.S. Gulf Coast
Logistics for feedstock and product flexibility
(1) Represents Valero's share of total project cost.
13
Illustrative Annual EBITDA
Contribution from Projects
($1.2 - $1.5 billion)
■ Projects in Execution
Projects in Development
$300 $400 MM
$900 $1,100 MM
See slide 22 for notes regarding this slide.
EBITDA estimates are illustrative. Excludes potential M&A.
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