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Sunoco to idle units at Marcus Hook refinery
12/12/2011
Citing deteriorating refining market conditions, Philadelphia refiner Sunoco Inc. reported it will idle "indefinitely" the main processing units at its 175,000-b/d Marcus Hook, Pa., refinery. While it will idle the facility immediately, the company continues to seek out a buyer and will also pursue options with third parties for alternate uses of the facility.
Meanwhile, Sunoco said it intends to "increase the capacity utilization rate of its Philadelphia refinery and will continue to operate the refinery as long as market conditions warrant." However, it noted that "if a suitable sales transaction cannot be implemented, the company intends to permanently idle the...
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