NEW YORK, Dec 13 (Reuters) – Sunoco Inc. said Wednesday it would restart an idle hydrocracker at its 330,000 barrel per day refinery in Philadelphia, Pennsylvania, and convert it to produce ultra-low sulfur diesel.
This would allow the unit to upgrade between 40,000 and 50,000 barrels per day of heating oil to the cleaner-burning ultra-low sulfur diesel.
The company estimated the cost would range from $225 million to $275 million, with completion targeted by early 2009.