Our 12 refineries in the United States and Europe process crude oil and other feedstocks and focus on operating excellence, optimization, safety and increasing margins. The business has a global refining capacity of 2.2 million barrels of crude oil per day.
In the United States, we market gasoline, diesel and aviation fuel through approximately 7,540 independently owned outlets in 48 states. The sites feature the Phillips 66, Conoco or 76 brands.
The Chemicals segment consists of our 50 percent equity investment in CPChem, which is headquartered in The Woodlands, Texas. CPChem owns or has joint venture interests in nearly 30 global manufacturing facilities and two U.S. research and development centers.
Phillips 66 Midstream's newest pipeline supplies ethane to a south Texas petrochemical plant.
The Bayway and Billings refineries also earned safety honors from the American Fuel & Petrochemical Manufacturers association.
The Phillips 66 project takes a major step forward by securing a land-use permit.