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RE: Sunoco spins off its Met Coke business

Home Forums Coking News: DCU, Upgrader 1.Coker (registered users only) Sunoco spins off its Met Coke business RE: Sunoco spins off its Met Coke business

#5573

Charles Randall
Participant

Here is article on Sunoco spinning off its Met Coke buisness (see story link @ http://www.google.com/hostednews/ap/article/ALeqM5hYxI92b5ocz0eAOcX4E53LAjddUwD9GCD6T01 ).
 
They are of course mainly talking about coke (Met Coke) made from coal (Metallurgical Coal)

and not petroleum coke. But I think lot of the previous Sunoco Tulsa Coking Refinery low sulfur petcoke used to make it into some of Suncoke Energy markets.
 
The sale of both Sinclair & Sunoco Tulsa Refineries to Holly who plans to merge the two plants will likely result in some crude slate changes to the sweet crude refineries and higher sulfur on petcoke. (Sincliar expansion & coker project was cancled prior to June 2009 purchase & new coke drums remained Sincliar property at Port Catoosa.)
 
This is example of firm slowly tearing itself apart (refineries, chemicals, metcoke, wonder what is next. They seem to be following Dupont’s example (sold Consol coal, Chemical Group, COP Oil & Fibers Group) who went from Fortune 500 #8 slot when merged with Conoco (also tied #8 at time) down to current rank below #97. 
Regards

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