Valero to defer paraxylene project at St.Charles refinery:filing

摘要

New York-US refining major Valero Energy has lowered its proposed 2009 capital spending program to 4 billion,according to securities filing,some 500 million less than initially planned.Valero CFO Michael Ciskowski,in a July conference call,said Valero's preliminary 2009 capex would be 4.5 billion.