HAVERHILL, Ohio, May 21 /PRNewswire-FirstCall/ -- Sunoco, Inc. (NYSE:
SUN) held a brick-laying ceremony today at 4:00 p.m. ET at a second SunCoke
Energy Heat Recovery Coke manufacturing plant in Haverhill, Ohio. Bricks
were laid by Governor Ted Strickland and SunCoke Energy, Inc. President
Mike Dingus.
(Logo: http://www.newscom.com/cgi-bin/prnh/19981105/PHTH006 )
The facility will be 100 percent owned and operated by SunCoke Energy
and will include 100 Jewell Thompson Heat Recovery ovens that will produce
approximately 550 thousand tons of blast furnace coke per year. The
facility is designed to capture waste heat from the ovens to produce and
supply steam to a 67 megawatt turbine, and will provide a net average of 46
megawatts of emission-free electricity into the regional power market.
Total cost is estimated at approximately $230 million. Construction
actually began on March 2nd of this year, with initial coke production
expected in June of next year. Severstal North America, Inc. and WCI Steel,
Inc. have executed long-term contracts with SunCoke for the purchase of
coke from the plant.
"We are pleased and honored to have Governor Ted Strickland and our key
stakeholders join us on this day of significant increased economic momentum
for Scioto County, as well as for the continued growth of our coke
business," said Mike Dingus, Senior Vice President of Sunoco, Inc. and
President of SunCoke Energy.
"The Governor, the Ohio Department of Development, officials in Scioto
County and Green Township, the NS railroad, and the building trades have
all been key partners with SunCoke to bring us to this point with the start
of construction of our second Heat Recovery Coke plant at Haverhill. The
cooperation and support we have received has been outstanding throughout
and is greatly appreciated. SunCoke and our many fine employees will do all
that we can to merit that trust and commitment by continuing to be a
responsible neighbor," Dingus added.
Stan Wash, Vice President and General Manager of the Haverhill plant
emphasized the commitment to the local community by using this ceremony to
present the Green Township School Board with a donation of $15,000. Wash
noted "the outstanding support the Board provided for the development of
our second Haverhill plant."
SunCoke Energy's process utilizes technology that virtually eliminates
coke oven emissions and is specifically referenced in the U.S. Clean Air
Act as the "maximum achievable control technology" for coke production. The
first Haverhill coke plant also produces 550 thousand tons of coke per year
and began operation in March 2005.
Sunoco, Inc., headquartered in Philadelphia, PA, is a leading
manufacturer and marketer of petroleum and petrochemical products. With
900,000 barrels per day of refining capacity, nearly 4,700 retail sites
selling gasoline and convenience items, approximately 5,500 miles of crude
oil and refined product owned and operated pipelines and 38 product
terminals, Sunoco is one of the largest independent refiner-marketers in
the United States. Sunoco is a significant manufacturer of petrochemicals
with annual sales of approximately five billion pounds, largely chemical
intermediates used to make fibers, plastics, film and resins. Sunoco also
manufactures approximately 3.9 million tons annually of high-quality
metallurgical-grade coke for use in the steel industry. For additional
information, visit Sunoco's Web site at http://www.Sunocoinc.com.
SOURCE Sunoco, Inc.
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Related links:
http://www.SunocoInc.com/
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/19981105/PHTH006
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/829144.html /
CONTACT:
Media, Jerry Davis of Sunoco, Inc.,
+1-215-977-6298, or Investors, Tom Harr of Sunoco, Inc.,
+1-215-977-6764
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