The Philadelphia Refinery Additionally Has 16
The corporate has retained Credit score Suisse Securities (USA) LLC to help it assessment technique.
It will attempt to promote its 330,000-b/cd refinery in Philadelphia and 175,000-b/cd facility at Marcus Hook, Pa. If unsuccessful, it can idle the primary processing models in July 2012.
Key processing capacities at Philadelphia are 113,500 b/cd of fluid catalytic cracking, sixty eight,000 b/d of catalytic reforming, 85,600 b/cd of catalytic hydrotreating for pretreatment of reformer feeds, and 78,000 b/cd of cat hydrotreating for diesel desulfurization. The Philadelphia refinery also has sixteen,seven-hundred b/d of alkylation refining of petroleum chemistry 5th edition pdf (hydrofluoric acid) capacity.
The Marcus Hook refinery has capacities of 93,000 b/cd for FCC, 15,600 b/cd for cat reforming, 36,000 b/cd of cat hydrotreating for reformer feed, and 12,000 b/cd of posthydotreating for FCC naphtha. It has 10,000 b/d of alkylation (sulfuric acid) capability.
Sunoco has been restructuring for a number of years. Earlier this year it completed the sale of its 170,000 b/d refinery in Toledo, Ohio, to Toledo Refining Co. LLC, a unit of PBF Holding Co. LLC (OGJ On-line, Mar. 1, 2011).
In 2010 it shut a one hundred fifty,000 b/d refinery at Eagle Level, NJ, and [in 2009 — D.R.] sold an 85,000-b/d refinery in Tulsa to Holly Corp. (OGJ Online, June 16, 2010).
It also sold its polypropylene [PP — D.R.] business, Sunoco Chemicals Inc. to Braskem SA, and shut down a PP plant in Texas (OGJ Online, Apr. 6, 2010). And it is separating its metallurgical coke business by means of an initial public providing of shares in SunCoke Vitality.
The corporate expects to incur pretax noncash costs of $1.9-2.2 billion in the third quarter as it exits refining. The fees relate to impairment of plant and tools. If it must idle course of items, it expects extra pretax fees of as a lot as $500 million related to contract terminations, staffing costs, and severance.
Sunoco has been expanding its remaining business models, retail advertising and logistics.
The company has more than 4,900 branded retail places in 24 states, with APlus convenience shops operated by it or sellers in 600 of the retail shops.
It also holds 35% [sic — D.R.] interest in and is basic associate of Sunoco Logistics Companions LP, a publicly traded master restricted partnership that operates 3,350 miles of crude oil trunkline, 500 miles of crude oil gathering traces, and a pair of,500 miles of oil product pipelines. Lindsey [Full story]
(Please see Sunoco’s web site/news room: “Sunoco to Exit Refining and Conduct Strategic refining of petroleum chemistry 5th edition pdf Overview of the corporate,” Sept 6, 2011. As of Jan 1, 2011, Sunoco, with crude oil distillation capability of its three refineries—Marcus Hook, Toledo and Philadelphia—of 673,000 barrels per day, was ranked 10th on the checklist of prime 20 U.S. refiners—please see my post “Top 20 Largest Refining Corporations/Refiners within the U.S. as of Jan 1, 2011.” PBF Power Company LLC on Tuesday, March 1, 2011, introduced that its subsidiary, Toledo Refining Firm LLC, has completed its purchase of the Toledo Refinery in Ohio from Sunoco, Inc. It is worthy of word that Sunoco has owned refineries for 117 years. Previously known as the Solar Oil Firm of Ohio, it purchased its first refinery in 1894.