Phillips 66 (PSX) is holding off on starting a project that would boost ultra-low-sulfur diesel...

|About: Phillips 66 (PSX)|By:, SA News Editor

Phillips 66 (PSX) is holding off on starting a project that would boost ultra-low-sulfur diesel fuel output at its Alliance refinery in Louisiana, and is now “re-evaluating the timing of the project based on market economics." Alliance can produce 120K bbl/day of heating oil, diesel and jet fuel.