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Author	Topic: Sale of Trainer refinery complete, worker to return	Post a Reply Back to Topics

hockeybabe25 Rookie Author Allentown Posts:10 Points:954,630 Joined:Aug 2006	Message Posted: Jun 26, 2012 9:30:46 PM Ignore hockeybabe25 Report Abuse ConocoPhillips through Phillips66 finalized the sale of the 185,000-barrel-per-day Trainer refinery to a Delta Air Lines subsidiary today, ending a nine-month saga that saw hundreds lose and then return to their jobs. Delta officials plan to operate the facility under its subsidiary, Monroe Energy LLC, and employees are expected to return to the refinery Monday. “We have a team of refining experts and proven leaders effectively implementing our strategy at the Trainer refinery,” Jeffrey Warmann, chief executive officer and president of Monroe Energy LLC, said. “We are eager to start the work before us and (are) humbled by this opportunity to make a difference in this community.” Delta officials said Monroe will start a turnaround at the facility after July 4 with the fall as a target fo Visit Daily Times for full article

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ConocoPhillips through Phillips66 finalized the sale of the 185,000-barrel-per-day Trainer refinery to a Delta Air Lines subsidiary today, ending a nine-month saga that saw hundreds lose and then return to their jobs.

Delta officials plan to operate the facility under its subsidiary, Monroe Energy LLC, and employees are expected to return to the refinery Monday.

“We have a team of refining experts and proven leaders effectively implementing our strategy at the Trainer refinery,” Jeffrey Warmann, chief executive officer and president of Monroe Energy LLC, said. “We are eager to start the work before us and (are) humbled by this opportunity to make a difference in this community.”

Delta officials said Monroe will start a turnaround at the facility after July 4 with the fall as a target fo
Visit Daily Times for full article

REPLIES (newest first)Ignore Short Messages

dave27johnson Champion Author Chicago Posts:1,823 Points:433,070 Joined:Feb 2012	Message Posted: Jun 27, 2012 6:38:54 PM Ignore dave27johnson Report Abuse At least it stayed open.
VomVom Champion Author Calgary Posts:3,863 Points:1,647,725 Joined:May 2007	Message Posted: Jun 27, 2012 10:12:45 AM Ignore VomVom Report Abuse Delta will probably try to maximize the production of jet fuel. But still it is better to have it shut down.
ss70 Champion Author Detroit Posts:9,942 Points:1,897,200 Joined:Sep 2005	Message Posted: Jun 27, 2012 9:53:04 AM Ignore ss70 Report Abuse Hope it helps Delta
scu227 Champion Author New Haven Posts:4,308 Points:799,580 Joined:Feb 2011	Message Posted: Jun 27, 2012 8:46:05 AM Ignore scu227 Report Abuse More production lower prices !!!!!
gandalfthegrey1 Champion Author Houston Posts:1,184 Points:384,785 Joined:Feb 2011	Message Posted: Jun 27, 2012 6:58:04 AM Ignore gandalfthegrey1 Report Abuse Good on multiple fronts.Hope it works according to Delta's plan.
APlus Champion Author San Antonio Posts:4,013 Points:1,011,020 Joined:Apr 2007	Message Posted: Jun 27, 2012 6:08:15 AM Ignore APlus Report Abuse Good
TRYWI All-Star Author Appleton Posts:898 Points:282,150 Joined:Jan 2012	Message Posted: Jun 27, 2012 3:36:30 AM Ignore TRYWI Report Abuse Good
pumaMN Champion Author Minnesota Posts:1,593 Points:357,115 Joined:Aug 2011	Message Posted: Jun 27, 2012 1:29:17 AM Ignore pumaMN Report Abuse ok
JohnofGB Champion Author Flint Posts:5,561 Points:1,123,895 Joined:Feb 2010	Message Posted: Jun 27, 2012 12:23:33 AM Ignore JohnofGB Report Abuse This will be an interesting experiment for the airline industry.
NHLiveFree Champion Author New Hampshire Posts:11,294 Points:1,649,905 Joined:Jun 2008	Message Posted: Jun 26, 2012 11:57:19 PM Ignore NHLiveFree Report Abuse Who said a few months ago that they would have trouble selling any refinery in the USA? Huh PD?
wildddkattt80 Champion Author Phoenix Posts:2,143 Points:432,145 Joined:Jun 2011	Message Posted: Jun 26, 2012 11:29:33 PM Ignore wildddkattt80 Report Abuse k
humblepie Champion Author Toledo Posts:35,329 Points:2,399,070 Joined:Mar 2006	Message Posted: Jun 26, 2012 11:10:18 PM Ignore humblepie Report Abuse jobs are good
Amplion Champion Author Oregon Posts:6,921 Points:1,892,760 Joined:Sep 2005	Message Posted: Jun 26, 2012 11:02:03 PM Ignore Amplion Report Abuse GOOD
cdrrod Champion Author Wisconsin Posts:4,286 Points:809,525 Joined:Feb 2006	Message Posted: Jun 26, 2012 10:13:51 PM Ignore cdrrod Report Abuse Well at least they got they jobs back!
SammyAdams Champion Author Tallahassee Posts:3,197 Points:820,405 Joined:Nov 2010	Message Posted: Jun 26, 2012 10:02:08 PM Ignore SammyAdams Report Abuse This was a perfect fit for Delta. I am not sure "why" the State paid $30 Million of the $180 Million price tag. There might be more to that part of the story. Any company which spends $12 Billion on jet fuel isn't exactly impoverished.
Rappcommuter All-Star Author Virginia Posts:521 Points:575,785 Joined:Apr 2011	Message Posted: Jun 26, 2012 9:34:32 PM Ignore Rappcommuter Report Abuse Interesting