US independent refiner Phillips 66 is seeking state tax incentives for a possible expansion of its 264,000 b/d refinery in Lake Charles, Louisiana.
The expansion would increase production capacity and improve operational efficiency through upgrades and new specialized equipment, according to a summary of the project posted by the Louisiana Department of Economic Development.
The agency, which administers state incentives, said that the Phillips 66 project is in review.
Phillips 66 said today that it does not typically comment on refinery operations, regulatory filings or commercial activities.
According to the Louisiana Department of Economic Development posting, the $99mn upgrade would include adding a 5MW steam turbine power generator, a boiler feedwater chemical system, LCR kerosene product rundown system upgrades, a reactor, a naptha fractionator, and other pieces of equipment.
The budget includes $40mn for machinery and $59mn for labor and engineering. The project is estimated to be completed at the end of 2027.