Sunoco 2003 Annual Report Download - page 11

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Logistics
Sunoco’s Logistics business operates refined product and
crude oil pipelines and terminals and acquires and markets
crude oil primarily in the Northeast, Midwest and South
Central regions of the United States. Sunoco’s interests
consist largely of its 75 percent ownership and general
partner interests in Sunoco Logistics Partners L.P. (NYSE:SXL),
a publicly traded master limited partnership. Sunoco Logistics
Partners aims to grow distributable cash flow through organic
growth and acquisitions.
Chemicals
The Chemicals business manufactures, distributes and markets
refinery-based petrochemicals used in the fibers, resins and
specialties markets. Key products include polypropylene,
phenol and bisphenol-A used in many consumer and industrial
products. With production at 10 plants and annual sales of
approximately 5 billion pounds, Sunoco Chemicals is a major
force in its markets. Sunoco Chemicals will continue to focus
on asset optimization through competitive benchmarking,
targeted expense reductions and strategic growth opportunities
to strengthen the current asset base.
Coke
Sun Coke Company manufactures high-quality coke for
use in the production of blast furnace steel. From
facilities in East Chicago, IN and Vansant, VA, production
is approximately two million tons annually, representing
nearly 15 percent of total U.S. coke production. An
additional 550,000 tons-per-year cokemaking facility is
currently under construction in Haverhill, OH, which is
expected to be operational in March 2005. With a
proven, proprietary technology, an important focus
of this business is to pursue opportunities for
additional coke plants in both the domestic
and international markets.
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