Monday, April 20, 2009

Sunoco agrees to sell 85,000 bpd refinery to Holly Corporation

Sunoco, Inc., one of the leading US-based petrochemical manufacturers, has agreed to sell its 85,000 bpd refinery in Tulsa (Oklahoma, USA) to Holly Corporation for US$65 mln. The transaction will alsoo include inventory attributable to the refinery which will be valued at market prices at closing.

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