Included in the sale were manufacturing facilities in Marcus Hook, Pennsylvania; La Porte, Texas; and Neal, West Virginia, which have the combined capacity to produce approximately 2.1 billion pounds of polypropylene annually.
The sale also included a research and technology center located in Pittsburgh, Pennsylvania.
The company said that the sale demonstrates its continued progress in realigning its portfolio of assets that provides capital to redeploy for future growth in the company’s core businesses.
Sunoco is a manufacturer and marketer of petroleum and petrochemical products. It has 675,000 barrels per day of refining capacity, approximately 4,700 retail sites selling gasoline and convenience items, and an ownership interest in approximately 6,000 miles of crude oil and refined product pipelines.
