Phillips 66 Gets Tax Break for Green Fuels in Louisiana Swamp
Published Date: 3/6/2025
Notice
Summary
Phillips 66 wants to boost its Lake Charles plant by making renewable fuels like diesel, jet fuel, and gasoline under special trade rules that can save money on import taxes. This change affects the company and anyone interested in cleaner fuels, with public comments open until April 15, 2025. It’s a smart move to support greener energy and keep costs down!
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Previous / Next Documents
Previous: 2025-03610, Foreign-Trade Zone (FTZ) 49, Notification of Proposed Production Activity; Phillips 66 Company; (Renewable Fuels); Linden, New Jersey
Phillips 66 wants to expand its renewable fuel production at its Linden, New Jersey facility inside Foreign-Trade Zone 49. They plan to add renewable diesel, sustainable aviation fuel, renewable naphtha, and renewable gasoline to their approved products, which could save money on import duties. The public can share their thoughts by April 15, 2025, before the final decision is made.
Next: 2025-03612, Foreign-Trade Zone (FTZ) 149, Notification of Proposed Production Activity; Phillips 66 Company; (Renewable Fuels); Old Ocean, Texas
Phillips 66 wants to expand its Old Ocean, Texas facility to make renewable fuels like diesel, aviation fuel, and gasoline under special trade rules that can save money on import duties. This change affects the company and anyone interested in renewable energy production, with public comments open until April 15, 2025. The move aims to boost cleaner fuel production while keeping costs down.