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Marathon Petroleum Los Angeles refinery recognized for community partnership and investment

June 08/2021

MOSCOW (MRC) -- Marathon Petroleum's Los Angeles refinery has been honored for a level of community investment that sets it apart from hundreds of companies in the surrounding region, according to Hydrocarbonprocessing.

The Long Beach Area Chamber of Commerce recently named the refinery its Corporate Citizen of the Year based on the facilitys employee volunteerism and financial assistance to charitable causes over the past five years.

This award reflects our long tradition of involvement in the community, said Los Angeles Refinery Vice President Brad Levi. We go beyond corporate donations to encourage our employees and contractors to become agents for change and to give of themselves.

For 2019-2020, the refinerys community investments amounted to approximately USD2 million, and employees recorded almost 1,700 volunteer hours.

As MRC reported earlier, in May, 2021, US refiner Marathon Petroleum Corp said its board had approved the conversion of the Martinez refinery in California to a renewable diesel plant. Besides, the company made a final investment decision regarding this project. Martinez, once complete, will be one of the largest renewables facilities in the country.

Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 744,130 tonnes in the first four month of 2021, up by 4% year on year. Shipments of all PE grades increased. At the same time, PP deliveries to the Russian market were 523,900 tonnes in January-April 2021, up by 55% year on year. Supply of homopolymer PP and PP block copolymers increased, whereas shipments of PP random copolymers decreased.

Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets.


mrcplast.com
Author:Margaret Volkova
Tags:PP, PE, crude and gaz condensate, PP block copolymer, homopolymer PP, PP random copolymer, propylene, ethylene, petrochemistry, Marathon, Russia, USA.
Category:General News
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