Phillips 66 recently announced that it would proceed with Rodeo Renewed, a project to transform its San Francisco Refinery in Rodeo, California, into one of the world's largest renewable fuels facilities. The project, which just got Contra Costa County permission, is estimated to cost around $850 million and open for business in the first quarter of 2024.

Rodeo Renewed will no longer process crude oil but use waste oils, fats, greases, and vegetable oils to produce an initial 800 million gallons of renewable transportation fuels per year (over 50,000 barrels per day), including renewable diesel, renewable gasoline, and sustainable aviation fuel.

The production of these fuels is expected to reduce lifecycle carbon emissions by 65 per cent, which is the equivalent of removing 1.4 million cars off California roads each year. Rodeo Renewed is also estimated to reduce criteria pollutant emissions by 55% and water consumption by 160 million gallons per year at the site.

The project involves the installation of pre-treatment facilities and the repurposing of existing hydrocracking equipment to produce sustainable fuels. The modified facility's flexible logistical infrastructure will be used to procure renewable feedstocks from local, domestic, and international sources and supply renewable fuels to California and other markets.

More than 650 jobs, including full-time employees and contractors, will be created as a result of the facility renovation. It is well-positioned to help California meet transportation fuel demand while also supporting the state in meeting its sustainability goals.

Source: Phillips 66