---
schema_version: "secwatch.filing_event.v1"
accession: "0001534701-24-000159"
form_type: "8-K"
ticker: "PSX"
cik: "0001534701"
company_name: "Phillips 66"
filed_at: "2024-10-16T23:59:59+00:00"
generated_at: "2026-05-30T13:40:49.671301+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001534701-24-000159
- form_type: 8-K
- ticker: PSX
- cik: 0001534701
- company_name: Phillips 66
- filed_at: 2024-10-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534701/000153470124000159/0001534701-24-000159-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534701/000153470124000159/psx-20241016.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001534701-24-000159
- JSON: https://secwatch.observer/filing/0001534701-24-000159.json
- Plain text: https://secwatch.observer/filing/0001534701-24-000159.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.