Phillips 66 to Begin Layoffs at Los Angeles Refinery in December Amid Closure Plans
(Reuters) — Phillips 66 is expected to lay off most workers at its 139,000-barrel-per-day Los Angeles-area refinery in December, sources familiar with the matter said on May 22.
The company announced in October it would close the facility and begin winding down operations in October 2025. The workforce reduction will begin two months later.
RELATED: Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
The Los Angeles facility has about 600 employees and 300 contractors. Over half of the employees are hourly workers represented by the United Steelworkers Union.
A few retained workers will be transferred to Phillips 66's Los Angeles marine oil terminal, the sources said.
"Since the announcement was made to idle these facilities, Phillips 66 has stated its commitment to helping employees and contractors through this transition," a Phillips 66 spokesperson said.
The spokesperson declined to comment on plans after the closure of the Los Angeles-area refinery.
Valero Energy VLO.N also announced this year its decision to close the 145,000-bpd Benicia refinery, one of its two remaining refineries in the state.
The two refineries produce roughly 20% of the state’s gasoline supply.
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