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Sunoco: Companies
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Sunoco is a supporter of the Global Sullivan Principles. The objectives of the Global Sullivan Principles are to support economic, social, and political justice by companies where they do business; to support human rights and to encourage equal opportunity at all levels of employment, including racial and gender diversity on decision-making committees and boards; to train and advance disadvantaged workers for technical, supervisory, and management opportunities; and to assist with greater tolerance and understanding among peoples; thereby, helping to improve the quality of life for communities, workers, and children with dignity and equality. Source: Global Sullivan Principles
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Over the years, Sunoco's credit card processing center has invested heavily in developing a wide variety of LCDS legacy applications to support the company's operations. The majority of those applications were printed on Xerox 4050 and 4090 laser printers. Sunoco wanted to upgrade their print operations by replacing the older 4050 and 4090 devices with a more modern Xerox DocuTech 6100 that could be connected to their network. However, the new print device could not natively process Sunoco's existing LCDS print streams.
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Sunoco Inc. announced that its Board of Directors has approved a 9% increase to the quarterly dividend to 30 cents per share. The quarterly dividend is payable on June 10, 2008 to shareholders of record at the close of business on May 9, 2008. The increase brings the annualized dividend rate on the Company's common stock to $1.20 per share.
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EPA cites Sunoco Chemical for clean-air violationsU.S. EPA.gov (press release),DC- 50 minutes ago… Chemical Co. for alleged clean-air violations at the company's chemical plant at 1019 Haverhill-Ohio Furnace Road, Haverhill, Ohio. EPA … EPA cites B & B Metals for clean-air violations U.S. EPA.gov (press release)EPA cites GNW Aluminum for clean-air violations U.S. EPA.gov (press release)all 3 related
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The integrated oil company now known as Sunoco began as The Peoples Natural Gas Company in Pittsburgh, Pennsylvania. In 1886, its partners—Joseph Newton Pew, Philip Pisano (see The Pew Charitable Trusts) and Edward O. Emerson—decided to expand their gas business with a stake in the new oil discoveries in Ohio and Pennsylvania. Four years later, the growing enterprise became the Sun Oil Company of Ohio. Sun Oil diversified quickly, active in production and distribution of oil as well as processing and marketing refined products. By 1901, the company was incorporated in New Jersey as Sun Company and turned its interest to the new Spindletop field in Texas. Pew's sons, J. Howard Pew and Joseph N. Pew, Jr. would take over the company after their father's death.
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Assets being bought consist of a 17.3% interest previously held by an affiliate of Sunoco Inc. plus a 26.5% interest to be acquired by Sunoco from an affiliate of Union Oil Company of California in a separate transaction. Sunoco Logistics said closing is expected before year-end, subject to customary conditions.
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