Friday, May 10, 2013

New owners' big plans for Marcus Hook refinery site

Now that Sunoco Logistics Partners L.P. has taken ownership of the closed Marcus Hook refinery, the pipeline company has big plans for the Delaware River industrial site.
Sunoco Logistics chief executive Michael J. Hennigan provided analysts with details Thursday about how the pipeline and terminal company plans to repurpose the refinery as a hub for shipping liquid fuels produced from natural-gas drilling in the Marcellus and Utica Shales.
"We plan to create a world-class natural-gas liquids hub on the East Coast," Hennigan said.  Read more here…

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