25.01.2008 15:12:00
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Sunoco Raises over $1.7 Million for United Way of Southeastern Pennsylvania
Sunoco, Inc. (NYSE:SUN) announced today that its annual United Way
campaign had raised $1,786,000 for the United Way of Southeastern
Pennsylvania (UWSEPA). The pledges were made by employees, retirees, and
the company, according to Charles K. Valutas, Senior Vice President of
Sunoco.
The total donation represents an increase of 5.3 percent over the amount
raised in 2006.
The robust 2007 campaign was led by employees of Sunoco’s
Frankford plant, who increased their giving by 17 percent, and by
company retirees, whose pledges were up by 18 percent, according to
Valutas.
"Leadership giving was also very strong in
2007,” said Jose Cabrera, Vice President and
Co-chair for Leadership Giving. "Our total of
more than $628,000 represented an increase of 7.8 percent over the
previous year.” Leadership giving is defined
as donations of $1,000 or more.
"The company will increase its commitment to
the Neighborhood Assistance Program, which will bring the grand total of
Sunoco’s donation to more than $2 million,”
added Valutas.
"UWSEPA, under the leadership of President and
CEO Alba Martinez, has identified targeted areas of need in the
surrounding community where Sunoco’s
contributions will back programs aimed at achieving measurable results,”
Valutas said. "All Sunoco employees should
feel very good about the significant and long-lasting impact their
generous donations will have on the community.”
Sunoco, Inc., headquartered in Philadelphia, PA, is a leading
manufacturer and marketer of petroleum and petrochemical products. With
910,000 barrels per day of refining capacity, nearly 4,700 retail sites
selling gasoline and convenience items, approximately 5,500 miles of
crude oil and refined product owned and operated pipelines and 38
product terminals, Sunoco is one of the largest independent
refiner-marketers in the United States. Sunoco is a significant
manufacturer of petrochemicals with annual sales of approximately five
billion pounds, largely chemical intermediates used to make fibers,
plastics, film and resins. Utilizing a unique, patented technology,
Sunoco's cokemaking facilities in the United States have the capacity to
manufacture over 2.5 million tons annually of high-quality
metallurgical-grade coke for use in the steel industry. Sunoco also is
the operator of, and has an equity interest in, a 1.7 million
tons-per-year cokemaking facility in Vitória,
Brazil. For additional information, visit Sunoco’s
website at www.SunocoInc.com
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