By Nicole Jao
NEW YORK, May 22 (Reuters) - Phillips 66 PSX.N 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 Thursday.
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.
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.
(Reporting by Nicole Jao in New York; Editing by Cynthia Osterman)
((Nicole.Jao@thomsonreuters.com; Twitter/X: @ByNicoleJao; +1 646 540 2216;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。