PHILADELPHIA, Sept. 22 /PRNewswire-FirstCall/ -- Sunoco, Inc. (NYSE: SUN)
said today that in view of the potentially destructive impact of Hurricane
Rita, it has shut down its LaPorte and Bayport, TX polypropylene facilities.
In addition, it has evacuated all its non-essential personnel.
(Logo: http://www.newscom.com/cgi-bin/prnh/19981105/PHTH006 )
The Company is focused on continuing to be a reliable supplier to its
customers while operating its facilities to the highest standards safely,
reliably and with environmental integrity. Damage assessment and repair teams
have been assembled and are on stand-by awaiting the storm's passing before
returning to the facilities. The facilities will be restarted as soon as it
can be done safely.
Sunoco expects supply and logistics for polypropylene to be disrupted in
the U.S. Gulf Coast Region for some extended period of time. The storm path
and severity makes the magnitude and duration uncertain. We will provide
additional information on our ability to supply our customers as the effects
of the storm are better known.
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, approximately 4,800 retail sites selling
gasoline and convenience items, over 4,300 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 in the
fibers, resins and specialties markets. Utilizing a unique, patented
technology, Sunoco also currently has the capacity to manufacture over
2.5 million tons annually of high-quality metallurgical-grade coke for use in
the steel industry.
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
PRN Photo Desk, photodesk@prnewswire.com
Company News On-Call:
http://www.prnewswire.com/comp/829144.html
CONTACT:
Jerry Davis (media), +1-215-977-6298 or Terry
Delaney (investors), +1-215-977-6106, both of Sunoco
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