# Phillips 66 Plans to Transform San Francisco Refinery into World’s Largest Renewable Fuels Plant

> Phillips 66 announced plans to convert its San Francisco refinery in Rodeo, California, to produce renewable fuels from used cooking oil, fats, greases and soybean oil. The plant would make over 800 million gallons a year of renewable fuels by the mid-2020s.

- Date: 2020-08-12 · published 2020-08-12T12:00:00.000Z
- Category: policy · region US · magnitude medium
- Page: https://feedsoft.ai/events/51487-phillips-66-plans-to-transform-san-francisco-refinery-into-world-s-largest
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A plant of this scale would draw large volumes of soybean oil and waste fats from global sources, supporting vegetable oil prices and tightening feedstock supply for other users.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-06-01 | [HollyFrontier to convert oil refinery into renewable diesel plant](https://feedsoft.ai/events/52476-hollyfrontier-to-convert-oil-refinery-into-renewable-diesel-plant.md) | +2.8% | -0.7% |
| SBO | 2022-09-08 | [Soybeans Play A Key Role In Renewable Fuels](https://feedsoft.ai/events/15374-soybeans-play-a-key-role-in-renewable-fuels.md) | +1.8% | -5.8% |
| SBO | 2020-10-05 | [US refiners accelerate transition to renewable fuels production \| Oil & Gas Journal](https://feedsoft.ai/events/50511-us-refiners-accelerate-transition-to-renewable-fuels-production-oil-and-gas.md) | +6.9% | +5.2% |
| SBO | 2020-10-04 | [U.S. oil refiners look to leapfrog Canadians in making renewable diesel](https://feedsoft.ai/events/50523-u-s-oil-refiners-look-to-leapfrog-canadians-in-making-renewable-diesel.md) | +6.9% | +5.2% |
| SBO | 2023-05-22 | [US industry calls for government to boost renewable fuels support - Fastmarkets](https://feedsoft.ai/events/15307-us-industry-calls-for-government-to-boost-renewable-fuels-support-fastmarkets.md) | +2.6% | +17.8% |

## Sources

- businesswire.com: https://www.businesswire.com/news/home/20200812005515/en

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.