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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: craig crawford who wrote (540)7/14/2001 1:22:08 PM
From: craig crawford  Read Replies (1) of 1643
 
Friday July 13, 4:25 pm Eastern Time

Sunoco plans shutdowns at Pennsylvania refineries
biz.yahoo.com

NEW YORK, July 13 (Reuters) - Sunoco Inc. (NYSE:SUN - news) said Friday it has accelerated its maintenance schedule for its Philadelphia refineries due to poor profit margins, and will begin bringing down units next week. Sunoco said its 210,000 barrel per day (bpd) Point Breeze crude distillation unit will undergo a 30 to 35 day turnaround starting July 20. At the same time, the plant's 30,000 bpd reformer will undergo routine regeneration for 14 days.

The company added it will shut its 73,000 bpd Girard Point fluid catalytic cracker, a gasoline-producing unit, on August 4 for 21 days maintenance. Sunoco., headquartered in Philadelphia, is one of the largest independent petroleum refiners and marketers in the United States, operating five domestic refineries with approximately 730,000 barrels a day of crude oil processing capacity.
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