PHILLIPS 66 - ON THE VERGE OF PRODUCING 50,000 BARRELS A DAY OF RENEWABLE FUELS

June 06, 2024

The company says it has a fleet of refineries stretching from California to the UK. The recent transformation of a California refinery to a Renewable Energy Complex aligns with the company’s mission to provide energy and improve lives.

Related: “Rodeo Renewed” to Produce 800 million Gallons of Renewable Fuels per year

Chairman and CEO at Phillips 66, Mark Lashier’s insights on Rodeo, renewables:

The Rodeo facility is a great complex. And now we’re on the verge of producing 50,000 barrels a day of renewable diesel and sustainable aviation fuel at this complex. We can bring in feedstocks from all over the world. And we’re well on our way to having the Rodeo Renewable Energy Complex producing those fuels and bringing them out to the marketplace.

We’re going to be committed to lowering the carbon footprint of everything we do.

We’re going to need fuels based on renewables, but there just aren’t enough renewable feedstocks to replace all of the diesel and jet fuel and gasoline that’s consumed around the planet.

It’s more difficult to electrify, say heavy hauls trucking or aviation. I can’t imagine flying a battery plane across the Atlantic or the Pacific, but you can put sustainable aviation fuel in those jets and get there safely reliably, and on time.

Source: Phillips 66 more→