November 2012

Trends and Resources

HP Construction: North America

Sunoco Inc., and The Carlyle Group, L.P., have completed the formation of Philadelphia Energy Solutions, a joint venture (JV) that will operate the Philadelphia refinery. The refinery processes 330,00..

Meche, Helen, Hydrocarbon Processing Staff

Sunoco Inc., and The Carlyle Group, L.P., have completed the formation of Philadelphia Energy Solutions, a joint venture (JV) that will operate the Philadelphia refinery. The refinery processes 330,000 bpd of crude oil into various refined products. Under JV agreement terms, The Carlyle Group will hold the controlling interest and will oversee the refinery and the JV’s day-to-day operations. In exchange for contributing its refinery assets to the JV, Sunoco retained a 33% nonoperating minority interest. Specialty chemicals group LANXESS has opened its first production plant for high-tech plastics in the US. With the new facility in Gastonia, North Carolina, the company will re

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