Is Flint Hills owned by Koch?
Wichita, Kansas-based Flint Hills is a subsidiary of Koch Industries, and the transaction includes the subsidiary’s entire biofuels portfolio. Flint Hills also has oil refineries and makes other products, including chemicals and asphalt.
When did Koch acquire Flint Hills?
September 2014
In September 2014, along with the private equity arm of Goldman Sachs, the company acquired Flint Group, a printing ink producer, for $3 billion.
What does Flint Hills produce?
Flint Hills Resources’ subsidiaries produce and market gasoline, diesel, jet fuel, asphalt, ethanol, olefins, polymers and base oils. They also produce distillers corn oil, distillers grains, protein and fertilizers.
Is Flint Hills Resources for sale?
HOUSTON (Reuters) – Motiva Enterprises said on Monday it has signed an agreement to buy the Flint Hills Resources chemical plant adjacent to its Port Arthur, Texas, oil refinery, kicking off a push into petrochemicals. Motiva said it expects to deal to close by late 2019.
What do Koch Industries make?
Koch companies manufacture paper, process minerals, create fertilizers, and refine oil. Some of the subsidiaries are also involved in ranching, commodities trading, and investing.
How does Koch Industries make money?
It’s a vertically and horizontally integrated business that grew through aggressive acquisitions. The company collectively employs over 130,000 people across 70 countries, although most are Americans. Through its subsidiaries, Koch produces oil, resins, polymers, glass, robotics, biofuels, paper, and toilet paper.
Who owns Flint Hills Kansas?
Koch Industries, Inc.
Ownership. Based in Wichita, Kansas, Flint Hills Resources is an independent company and wholly owned subsidiary of Koch Industries, Inc., one of the largest private companies in America. According to Forbes magazine, the estimated annual revenues of Koch Industries, Inc. are as high as $100 billion.
Why is it called Flint Hills?
The Flint Hills, historically known as Bluestem Pastures or Blue Stem Hills, are a region in eastern Kansas and north-central Oklahoma named for the abundant residual flint eroded from the bedrock that lies near or at the surface.
Who owns Motiva Port Arthur?
Saudi Aramco
Royal Dutch ShellShell Oil CompanySaudi Refining, Inc.
Motiva Enterprises/Parent organizations
Who are the owners of Flint Hills Resources?
Ownership. Based in Wichita, Kansas, Flint Hills Resources is an independent company and wholly owned subsidiary of Koch Industries, Inc., one of the largest private companies in America.
What kind of products does Koch Industries produce?
Flint Hills Resources LP. Flint Hills Resources LP, originally called Koch Petroleum Group, is a major refining and chemicals company based in Wichita, Kansas. It sells products such as gasoline, diesel, jet fuel, ethanol, polymers, intermediate chemicals, base oils and asphalt. It operates oil refineries in six states.
How to find job listings in Flint Hills?
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When did the Koch Fertilizer Company get formed?
Koch Fertilizer was formed in 1988 when the Koch companies purchased the Gulf Central Pipeline and ammonia terminals connected to the pipeline. The next year, the Koch Nitrogen Company was formed in order to market ammonia.
