Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Where will growth occur within Sunoco Logistics?

growth Logistics occur sunoco
0
Posted

Where will growth occur within Sunoco Logistics?

0

Sunoco Logistics plans to grow the company both organically, as well as through acquisitions. We plan to grow organically by increasing the volume of crude oil and refined product shipped through our pipelines, by building new or expanding the size of our existing pipelines, and by expanding and adding additional tankage at out terminals. We will also pursue accretive acquisitions that either complement our existing asset base, or which result in either geographical or product diversification into new regions or into related but new areas of business. Also, Sunoco, Inc. has agreed not to compete with Sunoco Logistics in the areas of pipelines, terminalling, and storage as long as it controls the General Partner interest. See press releases for any recent acquisitions or expansions.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.