Phillips 66 plans to reconfigure its San Francisco Refinery in Rodeo, California to produce renewable fuels rather than crude oil.
The renewed project will see Phillips 66 produce 680 million gallons of renewable diesel, renewable gasoline and sustainable jet fuel annually.
The project scope comprises construction of pre-treatment units and the repurposing of existing hydrocracking units to enable production of renewable fuels.
Phillips 66 CEO and Chair Greg Gardland said the company is taking a significant step with RodeoRenewed to support demand for renewable fuels and help the state meet its low carbon objectives.
“We believe the world will require a mix of fuels to meet the growing need for affordable energy, and the renewable fuels from RodeoRenewed will be an important part of that mix,” he said.
“This project is a great example of how Phillips 66 is making investments in the energy transition that will create long term value for our shareholders.”
If approved by officials, the project is expected to begin its renewable fuels in early 2024.
The plant is also expected to employ more than 400 jobs and up to 500 construction jobs.
For more information visit the Phillips 66 website.
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