Valero Energy Expects Sustainable Aviation Fuel Project To Be Completed In 2025 And Cost $315M, Half Attributable To Co
Portfolio Pulse from Benzinga Newsdesk
Valero Energy has announced that its Sustainable Aviation Fuel project is expected to be completed in 2025, with a total cost of $315 million. Half of this cost is attributable to the company.

October 26, 2023 | 10:40 am
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Valero Energy's Sustainable Aviation Fuel project, costing $315M and expected to complete in 2025, could impact the company's financials and sustainability profile.
The announcement of Valero Energy's Sustainable Aviation Fuel project, which is expected to be completed in 2025 and cost $315M, half of which is attributable to the company, could have a neutral impact on the company's stock in the short term. The project aligns with global sustainability trends, potentially improving the company's reputation and attracting environmentally conscious investors. However, the significant cost could impact the company's financials, potentially leading to increased expenses and affecting profitability.
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