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Phillips 66 contributes USD750,000 to Hurricane Laura relief

September 22/2020

MOSCOW (MRC) -- Phillips 66, which quickly marshaled its logistics capabilities to get help to its employees affected by Hurricane Laura, is also contributing USD750,000 to the American Red Cross to support the relief efforts in its communities, said the company.

The hurricane, one of the strongest on record to hit the U.S., made landfall on Aug. 27 and left life-altering devastation throughout Southwest Louisiana and Southeast Texas. Phillips 66 has nearly 1,000 employees who work at its numerous assets in the area, including the Lake Charles Manufacturing Complex, the Gulf Coast Lubricants Plant, and pipelines and terminals, including Clifton Ridge, Westlake and Pecan Grove.

"Our thoughts and prayers go out to all those affected by the disaster, including our many employees, friends and neighbors across Southwest Louisiana and Southeast Texas," said Phillips 66 Chairman and CEO Greg Garland. The impact from Hurricane Laura reaffirms the importance of Phillips 66's continued support for the American Red Cross. We believe this gift will enable the organization to use its broad and specialized resource network to support recovery efforts and help those most in need."

Phillips 66 committed a total of USD1 million in August in support of disaster relief to areas where its employees live and work. In addition to the USD750,000 donation for Hurricane Laura relief efforts, it gave USD200,000 to help support communities in California affected by wildfires and USD50,000 to help support relief efforts in South Texas after Hurricane Hanna.

"We are incredibly honored to receive this generous donation from Phillips 66," Henry Van de Putte, Regional Chief Executive, American Red Cross of the Texas Gulf Coast, said of the Laura donation. "Their continued dedication to the Red Cross mission allows us to offer much-needed food, shelter and comfort to those who are reeling from the impact of Hurricane Laura during a pandemic."

All of Phillips 66s employees who work in the impacted areas are safe and accounted for, though many have reported damage to their homes and property. Phillips 66 quickly mobilized its Emergency Operations Center, which was able to secure hard-to-find items generators and accompanying safety packages, including carbon monoxide detectors, as well as portable A/C units and loan them to employees soon after the hurricane hit. This is in addition to providing essential items like water, ice, fuel and roof-repair supplies, and finding hotel rooms for those who are displaced.

The company is also offering employees financial assistance in the form of emergency cash and hardship loans to assist with immediate needs, as well as inspection and insurance claims assistance. And it will pay for small-branch removal and tarping for employees with minor roof damage.

"We have weathered a number of storms over the years, and our ability to respond at times like these sets us apart," Garland said. "The people of Phillips 66 always rise to the occasion and demonstrate an unyielding commitment to supporting their peers, our communities and our assets."

As MRC informed before, last month, 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.

We remind that 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:Anna Larionova
Tags:petroleum products, crude oil, PP, PE, neftegaz, petrochemistry, Phillips 66.
Category:General News
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