Chemical Week Magazine :: Business & Finance :: United States/Americas
Koch completes acquisition of PetroLogistics
6:51 AM MDT | July 18, 2014 | â€”Clay Boswell
Flint Hills Resources (Wichita, KS), a subsidiary of Koch Industries, has completed its acquisition of propylene-maker Petro Logistics (Houston). Flint Hills has merged a propylene subsidiary into PetroLogistics and will operate the propylene facility at Houston as part of its chemical and refining business. PetroLogistics will cease to be a publicly traded company. â€śThe PetroLogistics Houston plant is one of the most advanced facilities of its kind in the world and an exciting addition to our chemicals business,â€ť says Brad Razook, Flint Hillsâ€™ president...
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