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Sunoco to close down ethylene manufacturing capacity
09
Jul '09
Sunoco, the Philadelphia based leading petroleum and petrochemical producer said that they will permanently shut down the ethylene manufacturing facility at their Marcus Hook refinery, which had been damaged in an explosion and fire in May 2009.

Company spokesman Thomas Golembeski, informed that “Sunoco will permanently shut down production at the ethylene complex due to insufficient demand for ethylene and its derivatives which does not justify repairing or replacing equipment damaged in the recent fire”.

Operations at the ethylene complex have been suspended since May 17, when an explosion took followed by a fire which burned for almost 24 hours. This closure of the ethylene plant will result in job layoffs for almost 40-50 employees.

The polymers manufacturing facility adjacent to the refinery, which has historically used ethylene from the refinery in its processes, though, will continue to operate with an alternate supply.

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.

Fibre2fashion News Desk - India


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