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RE:NJ Sunoco Eagle Pt Refinery may Relocate India


Charles Randall

<The guessing may be over the USEC refinery relocating to India’s Visakhapatnam via AIC – the NJ Sunoco Eagle Point (idled – Shutdown 2010) 150MB refinery has been identified – however Sunoco will not confirm and has not announced a sale.- CR comments>

Report: Eagle Point refinery equipment headed to India

November 18, 2011|By Andrew Maykuth, INQUIRER STAFF WRITER

Sunoco Inc.’s Eagle Point refinery in Westville, Gloucester County, which was shut down in early 2010, may be reborn in India.Amerind Petroleum Private Ltd. and the Andhra Pradesh state government signed a memorandum of understanding to reassemble the refinery in Visakhapatnam, according to Indian media reports. Syed Badruddin, chairman of Amerind, told reporters the Export-Import Bank of the United States would lend $375 million of the project’s initial $500 million cost.
Thomas P. Golembeski, Sunoco’s spokesman, said the company had nothing to announce, but he confirmed Sunoco has been trying to sell Eagle Point’s equipment since the refinery closed.

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