Three new terminals to expand Valero’s presence in Mexico

San Antonio-based Valero Energy Corp. signed three deals Monday that could have it sending an additional 2.4 million barrels of refined products to Mexico by 2021.

Valero (NYSE: VLO) subsidiary Valero Marketing and Supply de México SA de CV has agreed to use the storage capacity at terminals to be built in the cities of Guadalajara, Monterrey and Altamira. The company said the agreements are long term but didn’t say how many years it planned to use the terminals.

The Guadalajara terminal will…


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