December 12, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Phillips 66 (NYSE:PSX) (Houston, Texas) plans to spend $2.2 billion on its 2024 capital program, the refining, midstream and chemical company announced last week. The capital plan includes $923 million for sustaining capital and $1.3 billion for growth projects, which includes the completion of the "Rodeo Renewed" renewable diesel project in California.

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