Phillips 66 On Track with Rodeo Renewed Alternative Fuels Project, Higher Cost

August 4, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Phillips 66 (NYSE:PSX) (Houston, Texas) still plans for its "Rodeo Renewed" renewable diesel project in California to begin commercial operations in the first quarter of 2024, albeit with a higher price tag, according to company executives.

Phillips 66 is converting its existing 120,000 barrel-per-day Rodeo Refinery in the San Francisco Bay area to produce 680 million gallons per year of renewable diesel, renewable gasoline and sustainable aviation fuel.