Business View Magazine | May 2021

12 BUSINESS VIEW MAGAZINE MAY 2021 E forward for sustainable aviation fuel that benefits all segments of the industry.” Phillips 66 is a major U.S. refiner and supplier of jet fuel and aviation gasoline. The memorandum of understanding aims to leverage the company’s expertise in refining, distribution and technical commercialization of transportation fuels as well as its portfolio of renewable energy projects. The latter includes Rodeo Renewed, the proposed conversion of the San Francisco Refinery in Contra Costa County, California, into one of the world’s largest renewable fuels facilities, capable of producing an initial 800 million gallons per year of renewable fuels. The project, subject to permits and approvals, is expected to be completed in early 2024. “Southwest Airlines welcomes projects like Phillips 66’s proposed Rodeo refinery conversion to scale up the SAF industry, bringing lower- carbon SAF to market in meaningful quantities and thus helping Southwest meet our carbon-reduction goals,” said Stacy Malphurs, Southwest’s Vice President of Supply Chain Management & Environmental Sustainability. “Given Southwest’s extensive operations in the Bay Area and throughout California, we’re ideally positioned to benefit from any SAF production by Phillips 66 at Rodeo.” Southwest is the largest carrier of air travelers to, from and within California. Its operations in the state include a major East Bay hub at Oakland International Airport. The carrier is a member of Airlines for America, the industry trade organization representing the leading U.S. airlines that last month announced the commitment of its member carriers to work to achieve carbon neutrality by 2050. The pledge includes efforts to advance the rapid expansion and deployment of SAF to make 2 billion gallons available to U.S. aircraft operators by 2030. Southwest Airlines welcomes projects like Phillips 66’s proposed Rodeo refinery conversion to scale up the SAF industry