| Valero to Triple Capacity at Its Avonmouth Terminal |
| 7/30/2014 |
| San Antonio, Texas |
Valero Energy Ltd is strengthening its supply position in the South West after announcing that Valero Logistics UK Ltd. will triple capacity at its fuel terminal in Avonmouth, making all grades of fuel available. The multi-million pound project will see the addition of three new storage tanks, which will expand storage capacity for gasoline and diesel, as well as adding kerosene and gasoil to the range of quality Valero products available from this location.
“Since Valero’s entry to the UK market, we have demonstrated our commitment to improving our ability to supply the UK market with quality fuels,” said Eric Fisher, President, Valero Europe. “Through improvements in our supply chain, such as re-opening the Manchester Terminal last year and now in the expansion of Avonmouth, we are enhancing resilience and competitiveness as a long term supplier to the UK market.” The development is yet another indication of Valero’s long-term commitment to operating in the UK. As well as increasing storage capacity at the site, work will also be done to upgrade the ethanol blending system. “By upgrading in our Avonmouth site, we’re building for the future, and making sure we’ve got more product available for both our retail and commercial customers,” said Mike Lewis, Director, Product Supply. “Avonmouth’s location is ideal for our commercial customers in the South West. With more product available, more flexible ethanol blending capability and reduced delivery times, our customers will benefit from resilience of supply for all grades.” Work is expected to begin in Q4 2014. About ValeroValero Energy Ltd, a subsidiary of Valero Energy Corporation, markets fuel in the UK under the Texaco brand. There are around 800 Texaco-branded service stations in the UK. Valero Energy Ltd also owns and operates Pembroke Refinery in south west Wales, which is one of Europe’s largest and most complex refineries. Directly or through subsidiaries, the company has ownership interests in four major pipelines, 6 fuel terminals and a 14,000-barrel-per-day aviation fuels business. Valero Energy Corporation, through its subsidiaries, is an international manufacturer and marketer of transportation fuels, other petrochemical products and power. Valero subsidiaries employ approximately 10,000 people, and assets include 15 petroleum refineries with a combined throughput capacity of approximately 2.9 million barrels per day, 11 ethanol plants with a combined production capacity of 1.3 billion gallons per year, a 50-megawatt wind farm, and renewable diesel production from a joint venture. Through subsidiaries, Valero owns the general partner of Valero Energy Partners LP (NYSE: VLP), a midstream master limited partnership. Approximately 7,400 outlets carry the Valero, Diamond Shamrock, Shamrock and Beacon brands in the United States and the Caribbean; Ultramar in Canada; and Texaco in the United Kingdom and Ireland. Valero is a Fortune 500 company based in San Antonio, Texas. Please visit www.valero.com for more information. |
Thursday, July 31, 2014
Valero to Triple Capacity at Its Avonmouth Terminal
Valero News Release:
Do You Really Still "Get What You Pay For"?
We’re all familiar with the phrase “you get what you pay for.” It’s such a common statement that it’s difficult to pinpoint the exact origin. It’s likely that, as a business owner, you’ve used this exact phrase when discussing the value your business provides to potential clients or to your colleagues.
But how often do we think about this phrase when it comes to our dealings with other businesses?
Do You Really Still "Get What You Pay For"?
ATK Reports First Quarter FY15 Operating Results - Jul 31, 2014
ARLINGTON, Va., July 31, 2014 /PRNewswire/ -- ATK (NYSE: ATK) today reported operating results for the first quarter of its Fiscal Year 2015 (FY15), which ended on June 29, 2014.
ATK reported first quarter sales of $1.3 billion, up 18 percent from the prior-year quarter, due to higher sales in the Sporting Group (including acquisitions) and the Aerospace Group, partially offset by a decrease in the Defense Group.
ATK Reports First Quarter FY15 Operating Results - Jul 31, 2014
Wednesday, July 30, 2014
Alexander & Baldwin Announces Second Quarter 2014 Earnings Release and Webcast
RSS Content| Alexander & Baldwin, Inc.
Alexander & Baldwin Third Quarter 2014 Dividend Authorized
HONOLULU, July 29, 2014 /PRNewswire/ -- The Board of Directors of Alexander & Baldwin, Inc. (NYSE: ALEX) today approved a third quarter 2014 dividend of $0.04 (4 cents) per share. The dividend is payable on September 4, 2014 to shareholders of record as of the close of business on August 11, 2014.
RSS Content| Alexander & Baldwin, Inc.
RSS Content| Alexander & Baldwin, Inc.
Union Pacific Railroad Employees Match Best-Ever First Half Safety Performance
Union Pacific News Release:
Union Pacific Railroad Employees Match Best-Ever First Half Safety Performance
OMAHA, NEB., JULY 30, 2014
Union Pacific Railroad employees achieved a 1.01 reportable safety incident rate for the first half of the year (through June 30, 2014), matching the best-ever rate achieved in the first half of 2011.
A company's employee injury rate is calculated using the number of injuries per 200,000 employee hours, which is equivalent to the number of hours worked by 100 full-time employees in a year.
"The safety of our employees, customers and communities is our No. 1 priority, and each day Union Pacific employees embrace a safety mindset to keep themselves and others safe," said Bob Grimaila, Union Pacific vice president - Safety, Security and Environment. "Through employees' 'Courage to Care' pledge to look out for themselves and others, the Total Safety Culture initiative, and the company's focus on identifying and mitigating risk, we continue to work toward our commitment to zero injuries."
About Union Pacific
Union Pacific Railroad is the principal operating company of Union Pacific Corporation (NYSE: UNP). One of America's most recognized companies, Union Pacific Railroad connects 23 states in the western two-thirds of the country by rail, providing a critical link in the global supply chain. From 2004-2013, Union Pacific invested approximately $30 billion in its network and operations to support America's transportation infrastructure. The railroad's diversified business mix includes Agricultural Products, Automotive, Chemicals, Coal, Industrial Products and Intermodal. Union Pacific serves many of the fastest-growing U.S. population centers, operates from all major West Coast and Gulf Coast ports to eastern gateways, connects with Canada's rail systems and is the only railroad serving all six major Mexico gateways. Union Pacific provides value to its roughly 10,000 customers by delivering products in a safe, reliable, fuel-efficient and environmentally responsible manner.
The statements and information contained in the news releases provided by Union Pacific speak only as of the date issued. Such information by its nature may become outdated, and investors should not assume that the statements and information contained in Union Pacific's news releases remain current after the date issued. Union Pacific makes no commitment, and disclaims any duty, to update any of this information.
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