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Business News: June 2022

By Mary Page Bailey |

Plant Watch Petrobras to construct new diesel hydrotreating unit at Replan refinery May 12, 2022 — Petrobras (Rio de Janeiro, Brazil; www.petrobras.com.br) announced that it signed a contract with the Toyo Setal HDT Paulínia Consortium, formed by the companies TSE and Toyo, for the construction of a new diesel hydrotreatment unit at the Paulínia Refinery (Replan). The investment in the new unit will be $458 million, and when the plant starts up operations (expected in 2025), Replan will be able to increase its production of S-10 Diesel by 63,000 barrels per day (bbl/d) and jet fuel by 12,500 bbl/d.   Phillips 66 makes progress to convert refinery to produce renewable fuels May 12, 2022 — Phillips 66 (Houston; www.phillips66.com) made a final investment decision to move forward with a project to convert its San Francisco Refinery in Rodeo, Calif. into one of the world’s largest renewable-fuels facilities. The project is expected to cost approximately $850 million and begin commercial operations in the first quarter of 2024. Upon completion, the converted facility will process used waste oils, fats, greases and vegetable oils to produce 800 million gal/yr of renewable transportation fuels.   BASF to expand production…
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