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State Grant to Continue Sunoco Refinery
Sunoco and The Carlyle Group has received a state grant to support the newly formed Philadelphia Energy Solutions. With the help of the grant, the refinery will continue to process around 330,000 barrels of oil a day, saving an estimated 850 jobs, and potentially create at least 100 more.
In addition to retaining refining capabilities, Sunoco and Carlyle officials plan to refurbish and expand the site which will help the environment through reduced waste and emission, and reduce reliance on foreign oil supplies.
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Other Community Development, General/Other Grant News
Programs that focus broadly on strengthening, unifying and building the economic, cultural, educational and social services of a community or neighborhood and improving the quality of life for all. Community Building; Community Capacity Building; Community Development and Improvement; Community Development Block Grants; Healthy Communities Community Economic Development Programs that provide technical assistance and funds to help communities retain and recycle income within the community by investing in the development of local institutions and businesses. Business Growth; Business Loans; Economic Growth; Economic Transformation; Real Estate Organizations; Socioeconomic Development; Technology Transfer; Transfer of Technology; Urban Enterprise Zones
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