Valero 2007 Annual Report Download - page 6
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toour
stockholders
Our tremendous growth over the
past decade also brought certain challenges, as many
of the reneries we acquired had experienced years of
underinvestment and reliability issues. We have a tremendous
opportunity to improve our operating reliability as we address
these issues for the long term. We are aggressively investing in
high-return capital projects at our most competitive reneries,
restructuring business units to take advantage of efciencies,
and optimizing our asset base to capitalize on the strengths of
our logistically advantaged and complex reneries. Through all
of our initiatives, we remain focused on safety and reliability.
As we strive to
achieve this vision, we are committed to pursuing excellence
in all aspects of our business and are making investments to
achieve the best results for our stockholders. We remain
employee-focused, socially conscious, community-minded, safe,
reliable and environmentally responsible.
o