Phillips 66's Bayway Refinery in New Jersey Faces Production Outage

Phillips 66 (PSX) , a leading U.S.-based refining company, has cut gasoline production from its Bayway refinery in Linden, NJ. A fire near the gasoline-producing unit of the refinery is anticipated to have affected production. The Bayway refinery has a production capacity of 258,000 barrels per day and is one of the largest fuel suppliers along the U.S. East Coast. Per a Reuters report, a fire broke out in an ancillary equipment of the fluid catalytic cracking unit (FCCU) at the refinery. The FCCU is a cruc ...