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Phillips 66 to reconfigure California refinery for renewable fuels

August 13/2020

MOSCOW (MRC) -- US refiner Phillips 66 said it plans to reconfigure its refinery in Rodeo, California to produce renewable fuels from used cooking oil, fats, greases and soybean oils, reported Reuters.

The refiner expects the Rodeo Renewed project to produce 680 million gallons of renewable diesel, renewable gasoline and sustainable jet fuel annually. Combined with the production of renewable fuels from an existing project in development, the plant would produce more than 800 million gallons a year of renewable fuels, it said.

If approved by regulatory authorities, the production of renewable fuels is expected to begin in early 2024.

Refiners, including HollyFrontier Corp and CVR Energy, have been exploring opportunities to produce renewable diesel to save money on less profitable refineries and offset compliance costs associated with US blending laws.

Phillips 66 also said it plans to shut down the Rodeo Carbon Plant and Santa Maria refining facility in Arroyo Grande, California in 2023 and that crude oil pipelines to the facilities will be taken out of service in phases starting that year.

As MRC informed earlier, US-based Phillips 66 remains open to developing another ethane cracker for its Chevron Phillips Chemical (CP Chem) joint venture, the refiner's CEO said in March 2018.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's DataScope report, PE imports to Russia dropped in January-June 2020 by 7% year on year to 328,000 tonnes. High density polyethylene (HDPE) accounted for the main decrease in imports. At the same time, PP imports into Russia rose in the first six months of 2020 by 21% year on year to 105,300 tonnes. Propylene homopolymer (homopolymer PP) accounted for the main increase in imports. 


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, crude and gaz condensate, homopolymer PP, propylene, HDPE, ethylene, petrochemistry, Chevron Phillips, Phillips 66, Russia, USA.
Category:General News
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