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Sunoco US refineries may become ethylene plants, terminals

September 07/2011

(ICIS) -- US Sunoco executives laid out on Tuesday several options for its Marcus Hook and Philadelphia refineries in Pennsylvania, including the possibility of converting the sites into ethylene plants. The sites would benefit from the rich ethane reserves in the Marcellus Shale natural gas deposit that is largely concentrated in Pennsylvania. Additionally, the two sites could also potentially be used as terminals.

Chief executive Lynn Elsenhans said the Marcus Hook facility would especially be suited for a terminal because of its dock facilities, caverns and adjacent tank farm.

Earlier, Sunoco said it plans to exit its refining business and has begun the process to sell its refineries at Philadelphia and Marcus Hook, Pennyslvania, in the US.

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