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Business

Sunoco’s Transformation Under Lynn Elsenhans.

    by Tony Fitts
    Published 

Jan. 2009 Shut down polypropylene business in Bayport, Texas.

April 2009 Divested refinery in Tulsa, Okla., to Holly Corp. for $65 million.

May 2009 Acquired ethanol- manufacturing plant in Volney, N.Y., from Northeast Biofuels L.P. for $8.5 million.

Sept. 2009 Divested retail heating-oil and propane distribution in Pa., N.Y., N.J., and Del. to Superior Plus Corp. for $82.5 million.

Oct. 2009 Shut down Eagle Point refinery in West Deptford.

Feb. 2010 Divested polypropylene businesses in LaPorte, Texas, Neal, W. Va., and Marcus Hook to Braskem S.A. for $348 million.

Dec. 2010 Divested refinery in Toledo, Ohio, to PBF Holding Co. L.L.C. for $400 million.

Dec. 2010 Acquired 25 retail locations in Buffalo, Syracuse, Albany, and Rochester from Lehigh Gas Corp. for $25 million.

Jan. 2011 Acquired coal mines in Honaker, Va., from Harold Keene Coal Co. for $52 million.

May 2011 Divested phenol and acetone factory in Philadelphia to Honeywell International Inc. for $87 million.

July 2011 Divested (pending) SunCoke Energy Inc. metallurgical coke business through an IPO, raising $199 million.

Aug. 2011 Divested (pending) phenol plant in Haverhill, Ohio, to Goradia Capital L.L.C. for $106.5 million.

Sept. 2011 Divested (pending) refineries in Marcus Hook and South Philadelphia.