Sunoco (SUN) confirms discussions with Carlyle Group about setting up a JV for its 330,000 bpd...

|About: Sunoco LP (SUN)|By:, SA News Editor

Sunoco (SUN) confirms discussions with Carlyle Group about setting up a JV for its 330,000 bpd refinery in Philadelphia. SUN, which has placed the facility on the selling block, says it would emerge from the deal as a minority owner. Carlyle would contribute an undisclosed amount of cash and would become operator of the facility.