Phillips 66 Plans to Modify Refineries for New Marine Fuel Rule

Over the next 18 months, Phillips 66 plans to modify units at its Wood River and Bayway refineries to reduce high-sulfur fuel oil production in accordance with certain changes to marine fuel rules. The new requirements, issued by the International Maritime Organization, go into effect January 1, 2020 and mandate that major global shippers reduce marine fuel emissions to 0.5pc sulfur from 3.5pc sulfur. 

According to a presentation made this week, Phillips 66 will begin by modifying hydrotreaters at its 356,000 bpd Wood River refinery in Roxana, Illinois, and it's 250,000 bpd Bayway refinery in Linden, New Jersey. Modifications at both refineries are expected to be completed by the second quarter of 2020.