Phillips 66 Expects Rodeo Facility To Produce 10,000 Barrels Of Renewable Jet Fuel Per Day
Portfolio Pulse from Benzinga Newsdesk
Phillips 66 announced during a conference call that its Rodeo facility is expected to produce 10,000 barrels of renewable jet fuel per day.
April 26, 2024 | 4:41 pm
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Phillips 66's Rodeo facility's expected production of 10,000 barrels of renewable jet fuel per day highlights the company's move towards renewable energy sources.
The announcement indicates a significant step towards renewable energy for Phillips 66, likely attracting positive attention from investors interested in sustainable and renewable energy sources. This move could position PSX favorably in the market, potentially leading to a positive short-term impact on its stock price as it aligns with growing demand for renewable energy solutions.
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