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December 01, 2015 10:34 PM ET

Oil, Gas and Consumable Fuels

Company Overview of Flint Hills Resources, LLC

Company Overview

Flint Hills Resources, LLC, through its subsidiaries, produces and markets fuels, base oils, asphalt, and chemicals. It offers petroleum products, such as Group II base oils, gasoline, jet fuel, diesel, biodiesel, and heating oils; and others, including value-added fuels, such as cleaner-burning gasoline and performance diesel fuels. The company also offers chemicals and related products, such as aromatics, intermediates and EPS solutions, olefins, and polymers for use in synthetic fibers, agricultural chemicals, packaging, coatings, and appliance and automotive parts. It distributes its products in North America, Central and South America, Europe, Australia, New Zealand, and Asia. Flint Hil...

4111 East 37th Street North

Wichita, KS 67220

United States





Key Executives for Flint Hills Resources, LLC

Chief Executive Officer and President
Age: 52
Vice President of Operations
Vice President of Public Affairs and Government Affairs
Director of Public Affairs
Ventures Director
Compensation as of Fiscal Year 2015.

Flint Hills Resources, LLC Key Developments

Deinove Announces a New R&D Project in Animal Nutrition with Flint Hills Resources

DEINOVE announced an agreement with Flint Hills Resources to develop a process for producing ingredients for animal nutrition. Both companies aim to develop conditions for an industrial biological production process based on selected bacteria from DEINOVE and raw materials supplied by Flint Hills Resources. Over the next 17 months DEINOVE will screen its library of 6,000 strains, identify and optimize bacteria that are able to grow in good conditions using raw materials supplied by Flint Hills Resources and produce the targeted compounds in acceptable quantities. Flint Hills Resources is covering the costs of the R&D project. The company is not disclosing the cost of the investment. If successful, the two companies will study the terms of a licensing agreement for the technology developed by the R&D project.

Flint Hills Resources Begins Construction Phase of Project Eagle Ford

Flint Hills Resources, LLC has begun the construction phase of a project, named Project Eagle Ford, which will enable its Corpus Christi West refinery to process more domestic crude into transportation fuels. This project is expected to cost around $600 million, require around 2,000 contractors and be completed in 36 months. Current capacity of the West refinery is about 230,000 barrels per day. After the project is complete, it will have the capability to process 100% domestic crude. It owns and operates two refineries in Corpus Christi (East & West refineries) with a combined total capacity of around 300,000 barrels per day, and a crude oil terminal in Ingleside.

Flint Hills Resources to Close its Polypropylene Resin Plant in Marysville

Flint Hills Resources will close its polypropylene resin plant in Marysville, Mich., and transfer production to a site in Texas. The closing will take place over the next six months and will eliminate 75 jobs. Affected employees can apply for other open positions with Flint Hills owner Koch Industries. Koch currently has 3,000 open positions.

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Recent Private Companies Transactions

October 1, 2015
Flint Hills Resources, LLC, 330 Acre Rail Facility in Odessa
Private Placement
January 20, 2015
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December 3, 2014
RediFuel, Bulk Storage Facility

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