Phillips 66 to shut LA-area refinery in Q4 2025; 600 employees, 300 contractors affected

Phillips 66

Ceasing operations at Los Angeles-area refinery in Q4 2025; 600 employees and 300 contractors impacted.
Working with Catellus Development and Deca Companies to redevelop 650-acre sites in Wilmington and Carson.
Will supply gasoline from internal/external sources and renewable diesel from Rodeo Renewable Energy Complex.
Company cites uncertain long-term sustainability and market dynamics for the decision.

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