- Second Half: Wait For Pullbacks, Then Buy the Best
- Web Exclusive: Hot Tips From Top Money Manager
- Accused Ex-Goldman Sachs Programmer Out on Bail
- Used Video Game Sales Soar: So Who Wins?
- Discover Shares Fall on Word of Stock Offering
- The Weirdest Currencies on Earth
- Recession Special: Wine Cheaper Than Water!
- California General Obligation Bond Rating Cut
- Get the Full Rundown of Today's US Business News Here
- March Lows Will Hold — So Buy Equities: Strategists
- Lacoste Runs Full Page Ad With Roddick Loss
- Brandt: Bing, The Little Search Engine That Couldn't
- 5-Star Manager's 5 Top Stocks
- Hey, What's Up Doc?
- Busch: Summertime Blues Hits Investors
- Chadwick: Recession and Scandals Pave the Way for Romney 2012
- Art Cashin: The S&P's 'Head and Shoulders' Number
- Michael Jackson: Death And Taxes
- Breaking news of Jackson death boosts TMZ traffic
- Berry fans savor strawberry farm in Traverse City
- Tuition likely to go up at Indiana campuses
- Foes of GM bankruptcy plan promise appeals
- Duke Energy to invest in carbon dioxide storage
- Honduran president goes to Washington
- Mexico grounds airline Aviacsa for unpaid debt
- Isle of Capri Chairman Goldstein dies in Iowa
- IBM wins $251.7M contract from Carrefour
CLAYMONT, Del. - Sunoco says it will close the ethylene complex at the Marcus Hook Refinery, weeks after it was shut down because of an explosion and fire.
Forty to 50 employees will be laid off.
Sunoco spokesman Thomas Golembeski said Monday that there is not enough demand for ethylene, ethylene oxide and cyclohexane to justify repairing or replacing equipment that was damaged in the explosion on May 17.
Golembeski says the polymers manufacturing facility next to the refinery, which used ethylene from the refinery, will operate using an alternate supply.
There were no injuries in the explosion and blaze at the refinery. Golembeski says preliminary findings indicate a pipe failure resulted in the release of combustible ethylene gas, but the cause of the pip failure is still under investigation.




