GHG Emissions, Industrial, Sourcing Renewables - April 4, 2024
Phillips 66 Reaches Renewable Diesel Milestone
Phillips 66 announced its Rodeo Renewed project is now processing only renewable feedstocks and producing about 30,000 barrels of renewable diesel per day.
The milestone sets the Rodeo Renewable Energy Complex on track to increase production rates to more than 800 million gallons of renewable fuels per year by the end of the second quarter.
Phillips 66 is converting its San Francisco refinery into the Rodeo Renewable Energy Complex to expand its commercial-scale production of renewable diesel.
“We are proud to announce this significant achievement at our Rodeo facility,” said Rich Harbison, Phillips 66 executive vice president of Refining, in a statement. “The project advances Phillips 66’s long-held strategy to expand our renewable fuels production, lower our carbon footprint, and provide reliable, affordable energy while creating long-term value for our shareholders.”
The Rodeo Renewed project design also provides the capability of producing renewable jet, a key component of sustainable aviation fuel (SAF), expected to start production in the second quarter of 2024.
Phillips 66 made a final investment decision to move forward with the Rodeo Renewed project in 2022, transforming the San Francisco refinery into one of the world’s largest renewable fuels facilities. The facility leverages a premium geographic location, unique processing infrastructure and flexible logistics to significantly reduce lifecycle carbon emissions.
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