MONTREAL, Dec. 1, 2014 /CNW Telbec/ - Under Honorary President Kunal Saha, Vice President, Product Supply and Distribution at Valero Energy, the 10th edition of the annual benefit tournament held at the Saint Raphaël Golf Club in Île‑Bizard was a success. Thanks to the participation of 117 companies, 77 charitable organizations dedicated to children were able to receive support from the Valero Energy Foundation of Canada. Over the past 10 years, close to $4 million has been raised and distributed to charities in Quebec, Ontario and the Atlantic Provinces.
"Taking part in this event is a tangible gesture of support for children's causes. I would like to thank, in particular, our business partners for their continued support in the past 10 years, along with the new partners who gave us their support this year and made this special edition a success," said Ross R. Bayus, President of Canadian Operations, Valero Energy Inc.
The organizations receiving a donation improve the lives of children by providing them with numerous essential services such as health, school perseverance, fight against poverty and violence and good living habits programs. Various cheque presentations were made in our communities. The Valero Energy Foundation of Canada promotes the company's involvement in the regions where it operates.
We also wish to take this opportunity to announce that, starting in 2015, the Valero Energy Foundation of Canada will focus its philanthropic mission more on school perseverance programs. However, it will remain faithful to its prime mission which is to lend support to charitable organizations that help children.
Mr. Bayus added that "according to analyses conducted by University of Montreal, though the number of dropouts has declined in Quebec over the last 10 years, close to 50% of boys from underprivileged areas drop out before they finish high school. In addition, depending on whether students attend a school in a more fortunate or somewhat underprivileged area, the graduation rate tumbles from 88 to 69%. I find this alarming, and as a result, we have decided to make perseverance a priority, because we must bear in mind that young people represent our future."
Valero is the largest independent refiner and distributor of petroleum products in the world. Its assets include 15 refineries located across the United States from the West Coast to the Gulf of Mexico, as well as in Canada and the United Kingdom, with a combined throughput capacity of 3 million barrels per day. Through Valero Energy Inc., its wholly owned subsidiary in Canada, it owns and operates the Jean-Gaulin refinery in Lévis, which has a refining capacity of some 265,000 barrels per day, along with several other logistics infrastructures in Eastern Canada, including the Montreal East oil terminal, the most important of its kind in Canada, as well as the Pipeline Saint-Laurent that links the Lévis refinery and its Montreal facilities. Its Canadian operations also make it a leader, among others, in the field of industrial and commercial sales of petroleum products, and as a supplier to resellers and independent distributors, as well as Ultramar and Valero branded distributors. Valero Energy Inc. is also a major employer in Eastern Canada, in terms of the direct and indirect employment it generates.
Image with caption: "Jennifer Laughton, VP Development, McMaster Children's Hospital & McMaster University Medical Centre and Paul Timgren, Manager, Ontario Wholesale & Commercial, Valero Energy Inc. (CNW Group/Valero Energy Inc.)". Image available at: http://photos.newswire.ca/images/download/20141201_C6798_PHOTO_EN_8801.jpg
Image with caption: "Stephen Allison, directeur, Terminal Chatham, Énergie Valero Inc. and Natacha Gallant, Executive Director of Miramichi Youth House. (CNW Group/Valero Energy Inc.)". Image available at: http://photos.newswire.ca/images/download/20141201_C6798_PHOTO_EN_8802.jpg
Image with caption: "Martine Péloquin, Vice President & General Manager of the Jean Gaulin Refinery, Valero Energy Inc are surrounded by Québec and Lévis beneficiaries organizations. (CNW Group/Valero Energy Inc.)". Image available at: http://photos.newswire.ca/images/download/20141201_C6798_PHOTO_EN_8803.jpg
Image with caption: "Ross R. Bayus, President, Canadian Operations, Valero Energy Inc. and Kunal Saha, Vice President, Product Supply & Distribution, Valero Energy Inc. are surrounded by beneficiaries organizations from Montreal area. (CNW Group/Valero Energy Inc.)". Image available at: http://photos.newswire.ca/images/download/20141201_C6798_PHOTO_EN_8804.jpg
SOURCE: Valero Energy Inc.
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