Valero Selected as Shipper in Summit's Carbon Capture and Storage Project for Ethanol Production

March 6, 2024
Valero's eight ethanol facilities are expected to be included in the project to add 1.1 billion gallons of ethanol per year and capture of 3.1 million metric tons of CO2 annually

Valero, a corn ethanol and low-carbon transportation fuel producer, will be a shipper on Summit Carbon Solutions’ (Summit) pipeline as part of a proposed carbon capture and storage project. The project aims to improve low-carbon fuel production for reliable energy and support for rural communities while growing the market for Midwest fuel and grain. 

Valero's eight ethanol facilities across Iowa, Nebraska, Minnesota, and South Dakota are expected to be included in the project to add 1.1 billion gallons of ethanol per year and assist in capturing 3.1 million metric tons of CO2 annually. This will reduce the carbon intensity of ethanol production and open access to low-carbon fuel markets.

“This project ensures the agriculture and biofuels industries will remain dynamic and competitive, meeting the needs of today while preparing for the opportunities of tomorrow,” said Bruce Rastetter, Founder and Executive Chairman of Summit Agricultural Group.

Summit's project extends to 57 ethanol production facilities across the upper Midwest, from which it will capture and sequester over 16 million metric tons of CO2 per year, with the involvement of Valero.

"I view our project as representing a meaningful shift in agriculture to lower the carbon intensity of biofuel products," said Summit Carbon Solutions CEO Lee Blank. "It's about practical changes that can make a real difference: improving farm profitability, increasing land values, and offering solid support to our farm families and rural communities."

About the Author

EnergyTech Staff

Rod Walton is senior editor for He has spent 14 years covering the energy industry as a newspaper and trade journalist.

Walton formerly was energy writer and business editor at the Tulsa World. Later, he spent six years covering the electricity power sector for Pennwell and Clarion Events. He joined Endeavor and EnergyTech in November 2021.

He can be reached at [email protected]

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