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Phillips 66 Completes Major Growth Projects, Shows High Refinery Run Rates for Quarter


Industry Segment: Petroleum Refining | Word Count: 893 Words

SUGAR LAND--August 2, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--As Phillips 66 (NYSE:PSX) (Houston, Texas) diversifies from its traditional Refining business, the company made progress on major growth projects in the second quarter of this year, particularly in the Midstream and Chemicals sectors. Phillips 66 reported a 98% utilization rate in its Refining segment, its highest ever. Industrial Info is tracking $1.76 billion in active Phillips 66 projects, not including joint venture undertakings.

Within this article: Details of Phillips 66's completed and under way projects

Other companies featured: Energy Transfer Partners LP (NYSE:ETP), Chevron Corporation (NYSE:CVX)

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