Valero Energy Corporation reported fourth quarter financial results on January 30, reporting that its ethanol and renewable diesel divisions were both profitable in the quarter. The company also announced that its Sustainable Aviation Fuel (SAF) program in Texas is fully operational.
The SAF program at DGD’s Port Arthur, Texas facility was successfully completed in the fourth quarter and is now fully operational. The program gives the plant the option to upgrade approximately 50 percent of its current 470 MMgy capacity to SAF.
Fischer, Valero’s senior vice president of product supply, trading and wholesaling, said the production process went smoothly and the company sold its first SAF in November, declining to speculate on expected SAF production in 2025, noting that the company has very good flexibility and that HVO renewable diesel fuel is currently as good as or better than SAF economically.