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Phillips 66 (PSX) has announced its agreement to acquire the Lindsay Refinery assets and related infrastructure in the UK. This move is set to bolster their operations, especially as they integrate the assets into their Humber Refinery. The company has stated that after thorough evaluations, it decided not to restart Lindsay’s independent operations due to scale and operational constraints. Instead, Phillips 66 will incorporate these assets into its existing refinery system, potentially leading to improved efficiency and synergies. With this …