bp to invest circa $270m at Cherry Point Refinery
bp today announced plans for a $269 million investment in three projects at its Cherry Point Refinery in Washington state, aimed at improving the refinery’s efficiency, reducing its carbon dioxide (CO2) emissions and increasing its renewable diesel production capability.
These projects are expected to create more than 300 local jobs over the next three years. This includes more than 200 construction jobs, 25 engineering jobs and approximately 40 support roles. bp currently supports more than 36,600 jobs in Washington.The investment is aligned with bp’s aims to be net zero across its operations by 2050 or sooner and to reduce the carbon intensity of the products it sells by 50% by 2050 or sooner.
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