Commence operations at the new renewable diesel plant
Deadline passed; outcome being checked
- Announced
- 30 Jul 2020
- Due
- 31 Dec 2024
- Status
- Checking
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“If the project is approved, operations are expected to commence in 2024”
What we found
The deadline has passed. We check for public evidence starting 30 days after the deadline, and repeat the check if nothing clear turns up.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift -731 days
- 3 versions
-
Version 1 · original · stated 30 Jul 2020
Deadline 31 Dec 2024 (“in 2024”) · wording expected
-
Version 2 · stated 28 Jan 2021
Deadline 31 Dec 2023 (“in the second half of 2023”) · wording expected
“The new plant is expected to commence operations in the second half of 2023”
-
Version 3 · stated 28 Jul 2022
Deadline 31 Dec 2022 (“in the fourth quarter of 2022”) · target 470 million gallons per year · wording expected
“The DGD project located next to Valero’s Port Arthur refinery (DGD 3), which is expected to have renewable diesel production capacity of 470 million gallons per year, should commence operations in the fourth quarter of”
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Production start
- Indicative materiality
- High rules
- Action
- Commence
- Deliverable
- New renewable diesel plant
- Where
- Port Arthur, Texas
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- Medium
- Conditional
- Yes: If the project is approved
- Depends on
- Partner
Tell me what happens
This deadline has not been settled yet. We check 30 days after it passes. Get an email when we record the outcome.
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- OutcomeNot yet assessed. Nothing is judged before the deadline.
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Report an error in this entry Reference: KI-C-2020-VLO-010493 · Corrections policy