Gazer’s Digest: “Rodeo Renewed” to Produce 800 million gallons of Renewable Fuels per year

“RODEO RENEWED” TO PRODUCE 800 MILLION GALLONS OF RENEWABLE FUELS PER YEAR

January 20, 2024

Phillips 66—a diversified energy manufacturing and logistics company says its San Francisco refinery in Rodeo, California, will be converted into one of the world’s largest renewable fuels facilities. The company expects that this project—"Rodeo Renewed” will cost approximately $850 million.

The converted facility is expected to begin commercial operations in the 1^st quarter of 2024. Once completed, it will use waste oils, fats, greases, and vegetable oils to produce over 50,000 barrels per day, in other words, 800 million gallons per year, of renewable transportation fuels— including renewable diesel, renewable gasoline, and sustainable aviation fuel, instead of processing crude oil.

Phillips 66 says the production of these fuels is expected to reduce carbon emissions, pollutant emissions, and water use.

Reduce lifecycle carbon emissions by approximately 65% — the equivalent of taking 1.4 million cars off California roads each year.
Reduce pollutant emissions at the site by 55%
Reduce water use by 160 million gallons per year.

Gazer's Digest

“RODEO RENEWED” TO PRODUCE 800 MILLION GALLONS OF RENEWABLE FUELS PER YEAR