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Refiner Boosts Battery Bet

Refiner Boosts Battery Bet
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Phillips 66 Reports Second-Quarter 2021 Financial Results

Phillips 66 Reports Second-Quarter 2021 Financial Results
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Phillips 66 progressing its conversion of California refinery to renewable fuels

Phillips 66 progressing its conversion of California refinery to renewable fuels
In August 2020, Phillips 66 announced that it planned to reconfigure its San Francisco Refinery in Rodeo, California, to produce renewable fuels. The plant will no longer produce fuels from crude oil, but instead will make fuels from used cooking oil, fats, greases and soybean oils. (Earlier post.)
In April, the company completed the diesel hydrotreater conversion, which will ramp up to 8,000 bbl/d (120 million gallons per year) of renewable diesel production by the third quarter of 2021.
The renewable feedstocks will be primarily delivered across the Marine Terminal. Renewable feedstocks will also be delivered to the Rodeo facility using the existing railcar infrastructure, modified to reflect the elimination of butane exports. Existing equipment will also be modified to enable the offloading of local renewable feedstocks by tanker truck. ....

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Phillips 66 completes refinery conversion for renewable diesel production - Chemical Engineering

Phillips 66 completes refinery conversion for renewable diesel production
By Mary Page Bailey |
May 3, 2021
As a part of its first-quarter 2021 financial results, Phillips 66 (Houston) provided an update on its conversion project at the San Francisco Refinery in Rodeo, California, to meet the growing demand for renewable fuels. In April, the company completed its diesel hydrotreater conversion, which will ramp up to 8,000 bbl/d (120 million gallons per year) of renewable diesel production by the third quarter of 2021. Subject to permitting and approvals, full conversion of the refinery is expected in early 2024. Upon completion, the facility will have over 50,000 bbl/d (800 million gallons per year) of renewable fuel production capacity. The conversion is expected to reduce the facility’s greenhouse gas emissions by 50% and help California meet its lower-carbon objectives. ....

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Renewable Feed, New Technology and C2C Strategies Offer Opportunities for Refiners - Chemical Engineering

Renewable Feed, New Technology and C2C Strategies Offer Opportunities for Refiners
The TBEC series has been added to this company’s range…
By Scott Jenkins |
May 1, 2021
After a rough past year, petroleum refineries are seeking profit opportunities through the use of renewable feedstocks, such as vegetable oils and waste fats, as well as with new alkylation technologies and by increasing “crude-to-chemicals” (C2C) approaches
The past 18 months have generally been extraordinarily challenging for the world’s petroleum refineries, as pandemic-related restrictions dramatically reduced demand for refinery products and cut refinery utilization rates. Even with demand for transportation fuels returning as the world economy begins to emerge from the pandemic, long-term growth in gasoline and diesel fuel demand is not expected. Flat fuel demand growth, coupled with a broader trend toward decarbonizing the energy sector and increasing investment tied to enviro ....

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