Sunoco LP (SUN)

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Sunoco Wins 2011 Energy Star Sustained Excellence Award
Date : 03/16/2011 @ 4:09PM
Source : Business Wire
Stock : Sunoco, Inc. (SUN)
Quote : 42.5 -0.84 (-1.94%) @ 4:19PM


Sunoco Wins 2011 Energy Star Sustained Excellence Award

Sunoco (NYSE:SUN)
Intraday Stock Chart
Today : Wednesday 16 March 2011
Sunoco, Inc. (NYSE: SUN) announced that it has received a 2011 ENERGY STAR Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) for its continued efforts to protect the environment through energy efficiency.

The 2011 ENERGY STAR Sustained Excellence Award recognizes Sunoco’s successful efforts to improve energy efficiency in facility operations and to integrate energy management into overall organizational strategy.

"We are pleased that Sunoco's record of performance in energy conservation is being recognized through the ENERGY STAR program," said Lynn L. Elsenhans, Sunoco's chairman and chief executive officer. "We take this aspect of our business seriously and work hard to conserve energy by selecting better materials and improving how we operate. This will remain an important area of focus across our entire business."

Sunoco, an ENERGY STAR partner for 16 years, has been recognized by the EPA for three consecutive years - twice as Partner of the Year and now for Sustained Excellence. Sunoco is also the first ENERGY STAR partner from the petroleum and petrochemical companies to be recognized for energy conservation efforts company-wide.

“Sunoco has earned EPA’s highest ENERGY STAR award, the 2011 Sustained Excellence Award,” said Elizabeth Craig, acting director of EPA’s Office of Atmospheric Programs. “Sunoco’s long-term leadership and commitment to energy efficiency demonstrates the types of accomplishments that we can all achieve in reducing greenhouse gas emissions and protecting our global environment. We look forward to their continued partnership and leadership.”

Sunoco is a leading transportation fuel provider with operations located primarily in the East Coast and Midwest regions of the United States. The company sells transportation fuels through more than 4,900 branded retail locations in 23 states. APlus convenience stores are operated by the company or independent dealers in more than 600 of its retail locations. The retail network in the Northeast is principally supplied by Sunoco-owned refineries with a combined crude oil processing capacity of 505,000 barrels per day. Sunoco is also the General Partner and has a 31-percent interest in Sunoco Logistics Partners, L.P., a publicly traded master limited partnership which owns and operates 7,600 miles of refined product and crude oil pipelines and approximately 40 active product terminals. Many of Sunoco Logistics' pipelines and terminals and storage facilities are integrated with Sunoco's retail network and refineries. Through SunCoke Energy, Sunoco makes high-quality metallurgical-grade coke for major steel manufacturers. The company's facilities in the U.S. have the capacity to manufacture approximately 3.67 million tons of metallurgical coke annually. Sunoco also is the operator of, and has an equity interest in, a 1.7 million tons-per-year coke-making facility in Vitória, Brazil.