Seeking Alpha

Valero Energy (VLO +1.8%) plans to spend up to $700M to build a petrochemical plant at its St....

Valero Energy (VLO +1.8%) plans to spend up to $700M to build a petrochemical plant at its St. Charles, La. refinery, the latest sign that chemicals might be the best bet for profits among refiners whose margins are shrinking due to rising oil prices. VLO's investment would be its biggest in the petrochemical business and make it one of the world's largest producers of methanol.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs