Workers at Phillips 66's Woods River, Ill., Refinery Ratify New Contract, Averting Strike -- OPIS
September 14 2023 - 09:06AM
Dow Jones News
Union workers at Phillips 66 Co.'s 173,000 b/d Wood River
refinery in Illinois approved a new contract late Wednesday,
averting a potential strike.
The plant is owned by Phillips 66 and Cenovus Energy Inc. and is
operated by Phillips.
A majority of the refinery's 370 union laborers voted to accept
the proposal. The union rejected the contract in July, then began
federally mediated talks with Phillips.
The refinery is one of the largest producers of gasoline and
diesel in the Midwest.
There have been threats of strikes in various other U.S.
refineries and management can typically step in to operate plants
when workers walk off the job.
This content was created by Oil Price Information Service, which
is operated by Dow Jones & Co. OPIS is run independently from
Dow Jones Newswires and The Wall Street Journal.
--Reporting by Tom Kloza, tkloza@opisnet.com; Editing by Jeff
Barber, jbarber@opisnet.com
(END) Dow Jones Newswires
September 14, 2023 09:51 ET (13:51 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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