Latest News Stories. Koch Industries creates life’s basic necessities, while innovating ways to make them even better. The project will help meet demand for transportation fuels in the central and northeastern parts of the state, including the Fox River Valley and Green Bay markets. 361-242-8772, Manager, Communications & Community Relations Midwest Pipelines and Terminals But the Cedar Rapids Gazette reports there still is fiber, protein and fat left in the corn by-product, or stillage. (Peru, IL) — An affiliate of Balmoral Funds LLC has signed a definitive agreement to purchase the expandable polystyrene (“EPS”) business of Flint Hills Resources Peru through a management buyout led by industry veteran Brad Crocker. When employees at Flint Hills Resources' Pine Bend Refinery in Minnesota don their virtual reality (VR) headsets for training, they're in for a real lesson. Reint said Flint Hills Resources "will seek to ensure the plant's continued competitiveness" going forward. The plant employed 185 people at … Flint Hills Arthur is one of five Iowa ethanol plants owned and operated by Flint Hills Resources, one of the largest ethanol producers in the United States. Its Biofuels and Ingredients business operates seven ethanol plants in three states with a … “However, we have seen growth in the use of NexPro during 2020 and we’re encouraged by the feedback we continue to receive from our customers. “We try to source around our draw area and work directly with farmers to do so,” Murphy said. Greater Minneapolis-St. Paul Area. Gulf Coast refineries spent years readying for heavier crudes from South America, but the latest boom in … Corpus Christi Refinery; Corpus Christi and San Antonio Pipelines and Terminals US petrochemical producer Flint Hills Resources shut down its propane dehydrogenation plant in Houston, multiple market sources, including one familiar with company operations, said Monday. Water and enzymes are added, and the resulting mash is heated to break down the starch into sugar. The global demand for meat has risen, along with income levels. Paradigm Shift: Industry Veterans Harness Cutting-Edge Technology to Identify Leaks. We’re still producing the same amount of ethanol and feed, just in two different products.”. This acquisition is a direct result of that business mandate, and adds to assets acquired in 2003 and 2004. Food. Flint Hills Resources will keep non-essential staff out its of 375,000-bpd Pine Bend refinery in Rosemount, Minnesota, for one week after Thanksgiving to prevent the spread of COVID-19, according to a source familiar with the matter. “They (Iowa Northern) can offer shipping opportunities most can’t.”, Shell Rock ethanol plant uses new technology to make feed, Flooded with vaccine calls, New York doctors' offices have no good answers, The lessons from 2009 for Biden's stimulus plans, Pickett playing, pedaling his way back to full strength, Siena basketball team outlasts Saint Peter's in defensive struggle, UAlbany women snap four-game skid with home victory, Early deficit too much for UAlbany to overcome at New Hampshire, How temporary SNAP boost will aid residents, local Albany economy. Flint Hills Resources Plans Ingleside Expansion INGLESIDE, Texas-- (BUSINESS WIRE)--Flint Hills Resources announced today plans to expand storage and outbound crude loading capacity at its storage terminal in Ingleside, Texas to approximately 380,000 barrels per day. May 31, 2017 12:30 PM Eastern Daylight Time MONTPELLIER, France--( BUSINESS WIRE )--Regulatory News: Flint Hills Resources continues to provide funding for the project. Paradigm Shift: Industry Veterans Harness Cutting-Edge Technology to Identify Leaks. Flint Hills Resources is an independent company and subsidiary of Koch Industries, Inc., one of the largest private companies in America, according to its website. Motiva to Join US Chemical Industry. Houston Pipelines and Terminals; Longview and Sour Lake; South East Texas Pipelines and Terminals Your direct pipeline for news and information about Flint Hills Resources. That technology, developed by Fluid Quip Technologies of Cedar Rapids, extracts protein from the whole stillage that remains after ethanol processing and makes a 50 percent protein feed for pets, fish, dairy cows, poultry and swine. Officials from Flint Hills Resources said Wednesday that the Wichita-based company has closed on its $2.1 billion acquisition of PetroLogistics – Flint Hills’ largest-ever acquisition. The plant is in the Butler Logistics Park, a rural industrial park served by the Iowa Northern Railway. “To have a company that is involved in value-added agriculture make a significant investment here, that makes us confident they are here for the long term,” said Jeff Kolb, executive director of the Butler-Grundy Development Alliance. “The rail infrastructure there is extremely important to attract projects like this,” Kolb said. Some of the farmers who sell corn to Flint Hills also buy feed from the company, Murphy said. The plant is expected to continue operating normally. We produce products that are essential to the economy and to improving people’s lives and we are committed to making these products responsibly and with the utmost respect for the environment and Earth’s natural resources. 651-438-1399. Sites. 651-438-5669, Manager, Communications & Community Relations “Demand for protein in the world is growing,” says Mark Murphy, general manager of ingredients marketing at Flint Hills Resources. Clothing. With MSC, that one-quarter of stillage goes through an additional process to concentrate the protein left in the processed corn. About Flint Hills Resources Flint Hills Resources is an industry leader in refining, chemicals, and biofuels and ingredients, with operations primarily in the Midwest and Texas. At Arthur, the plant buys more than 45 million bushels of corn from area farmers each year. Shelter. Flint Hills Resources directly and indirectly supports more than 4,000 Minnesota jobs and has invested nearly $1.7 billion in upgrades and improvements to its Minnesota facilities since 2010. Flint Hills Resources has begin construction on a $20 million expansion of its Waupun, Wisconsin fuel terminal. About Flint Hills Resources Flint Hills Resources is an independent refining and chemicals company that employs about 1,000 people in the Coastal Bend. Flint Hills employees work Monday through Friday, and salaries of $2,400 per week are paid each Friday. From 3BL Media: Corporate Social Responsibility, Energy and Health News. This is the second Flint Hills Resources ethanol plant to receive an MSC addition. China’s imports of beef, pork and poultry went from 2.2 million tons in 2015 to 8.7 million tons in 2020, according to the U.S. Department of Agriculture’s Foreign Agriculture Service. Flint Hills Resources Feb 2016 – Nov 20193 years 10 months Responsible for managing commercial trading activity 130 million gallon ethanol plant located in SE United States. “We’re still consuming and generally buying the same amount of corn,” said Mark Murphy, Flint Hills Resources general manager of global marketing and trading. Flint-Hills-Resources News: Callan Marine’S New Dredge General Macarthur Enters Service, Callan Marine Wins Corpus Christi Dredging Work, Corpus Christi: Energy Flint Hills Resources has branded its high-protein feed as NexPro. The Flint Hills plan was announced in August of 2012. Gulf Coast refineries spent years readying for heavier crudes from South America, but the latest boom in … Flint Hills Resources has branded its high-protein feed as NexPro. More activity could be coming soon to the former site of Flint Hills Resources Odessa chemical plant. Close Learn How Flint Hills Resources is Responding to COVID-19 Flint Hills Resources Company News Recent Articles . “We also value the relationships we’re able to make with them.”. Churchill: Donnovan Clayton's sister is waiting for help, hoping for... State ends first round of treatment for hemlock-killing pest in Lake... Albany to pay $200k to woman raped after police were called to her aid, Upstate restaurant gets funds from Barstool Sports, Police say husband strangled wife who was found dead near Troy hospital, Albany church part of state vaccine effort Monday, App, website meant to improve Albany County vaccine distribution, The best streaming services in 2021, and why. It is a wholly owned subsidiary of Koch Industries, and has independent leadership and separate financial decision-making authorities.Flint Hills Resources was named for the Flint Hills of Kansas, an area that “COVID-19 has created some volatility in production animal markets over the last year,” Murphy said. Flint Hills Resources is an industry leader in refining, chemicals, and biofuels and ingredients, with operations primarily in the Midwest and Texas. On December 31, 2013, Flint Hills received a utility bill for December electricity usage of $190 that will be paid in early January. Food. The Flint Hills plan was announced in August of 2012. Last month, Flint Hills Resources announced it has begun deliveries of its NexPro protein ingredient from its Shell Rock, Iowa, ethanol plant. Flint Hills Resources is the fifth largest ethanol producer in the United States. Company profile page for Flint Hills Resources LP including stock price, company news, press releases, executives, board members, and contact information The decision to idle the 50 million gallon per year biodiesel plant was made due to tough economics driven by low soybean prices. This announcement follows Flint Hills Resources' $250 million plan to upgrade its Corpus Christi Refinery. 4 others named Rick Nasby are on LinkedIn. INEOS Enterprises has completed the acquisition of the chemical intermediates business of Flint Hills Resources (known as ‘Flint Hills Resources Joliet’). Dog dies after fire breaks out at Scottsdale home, no one else injured. Shell Rock Soy Processing soon will open a $270 million soybean-crushing plant in the park. Mike Wilkes started as plant manager as Wichita, Kan.-based Flint Hills Resources took over operations in Odessa and facilities in three other cities. Flint Hills Resources is an independent company and wholly owned subsidiary of KOCH INDUSTRIES, one of the largest private companies in America with 130,000 employees worldwide. Yeast consumes the sugar and creates alcohol, which is distilled and processed into fuel-grade ethanol. Latest News about Flint Hills Resources. In 2004, she became the Manager of Excel Paralubes, an independent joint venture of ConocoPhillips and Flint Hills Resources, located in Westlake, Louisiana. Flint Hills purchases 200 million bushels of Iowa corn a year, with much of it coming from right around its production plants in Shell Rock, Fairbank, Iowa Falls, Arthur and Menlo. Flint Hills acquired the plant and associated pipelines from Huntsman Corp. in 2007 for $770 million, according to a press release at the time. “Demand for protein in the world is growing,” said Mark Murphy, general manager of ingredients marketing at Flint Hills Resources. “Consumer buying habits have fluctuated and processing facilities have been impacted at times. Flint Hills Resources directly and indirectly supports more than 4,000 Minnesota jobs and has invested nearly $1.7 billion in upgrades and improvements to its Minnesota facilities since 2010. US petrochemical producer Flint Hills Resources shut down its propane dehydrogenation plant in Houston, multiple market sources, including one familiar with company operations, said Monday. Latest News about Flint Hills Resources. January 04, 2021. Polymerupdate provides Real time, International News and Prices for all Polymers , Petrochemicals and Solvents on a Daily Basis Flint Hills Resources shuts EPS plant for maintenance THE BUSINESS TIMES Flint Hills Resources - Find Flint Hills Resources News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. News about CIG Logistics. Results 2 articles shown . Flint Hills Resources’ refining business operates refineries in Minnesota (Rosemount) and Texas (Corpus Christi), with a combined crude oil processing capacity of … In the News Motiva Announces Agreement with Flint Hills Resources HOUSTON – (August 19, 2019) – Motiva Enterprises LLC and an affiliate of Flint Hills Resources announced today that they have signed an agreement for Motiva to acquire a 100% ownership interest in Flint Hills Resources Port Arthur, LLC. “There’s no additives being put into it,” Murphy said. Koch Industries creates life’s basic necessities, while innovating ways to make them even better. The global demand for meat has risen, along with income levels. More news from Flint Hills Resources FHR.com Koch Industries Companies Flint Hills Resources. Paradigm Shift: Industry Veterans Harness Cutting-Edge Technology to Identify Leaks. Flint Hills Administrative Building TKDA's design for new office building made corporate expansion possible TKDA designed and prepared construction documents for a 91,000 SF administrative office building at the Flint Hills Resources Refinery in Rosemount, Minnesota. Yet our advocacy for a free and open society is what truly sets us apart. Flint Hills Refinery in North Pole is seen in this 2012 file photo. Weather. Managing Director, Public Affairs The Flint Hills news comes three months after its competitor, NOVA Chemicals, another North American EPS producer, announced it was selling … The Flint Hills plant expansion has been good news for Shell Rock, a city of 1,280 in Butler County. Flint Hills Resources became an independent, wholly owned subsidiary of Koch Industries, Inc., in January, 2002 in order to focus on growth opportunities. © 2020 Flint Hills Resources. Transportation. The potential acquisition is targeted to close in the fourth quarter of 2019, subject to satisfaction of closing conditions. 512-476-4795, Regional Manager, Public Affairs Coronavirus in Arizona on Jan. 21: 9,398 new cases, 244 new deaths reported Thursday. Flint Hills Resources is an independent refining, chemicals, and biofuels and ingredients company. Ironworker at Flint Hills Resources. All rights reserved. The $761 million sale was announced in February. Company profile page for Flint Hills Resources LP including stock price, company news, press releases, executives, board members, and contact information It strives to create value for its customers and society – through the way its facilities operate, its efficient use of resources, the products it produces and markets, and its involvement in its communities. Tags Koch Industries Molex Innovation & Technology. The company, based in Wichita, Kan., has expanded its operations through capital projects and acquisitions worth more than $5.3 billion since 2002. Clothing. With 1,000 full-time employees, the Flint Hills Resources Pine Bend refinery is one of … After more than 30 years of collaboration, Flint Hills Resources was recently recognized for reaching a significant milestone in its relationship with nonprofit Ducks Unlimited, surpassing $1 million in contributions to support habitat conservation initiatives for waterfowl and other wildlife. Throughout the U.S., Flint Hills Resources produces a diverse range of fuels, and ingredient products for many household goods. Kansas pipeline and refinery operator Flint Hills Resources is invoking contract clauses to get out of some crude oil purchase commitments as the coronavirus pandemic continues to … Flint Hills Resources is an independent company and subsidiary of Koch Industries, Inc., one of the largest private companies in America, according to its website. “We’ve really just repurposed the corn kernel. Sites. The COVID-19 pandemic has slowed growth in global meat imports outside of China, but the USDA expects that to rebound slightly in 2021. INEOS Enterprises has confirmed that it has entered into a binding agreement to acquire the chemical intermediates business of Flint Hills Resources. Flint Hills Resources has already begun marketing NexPro™ protein ingredient to the aquaculture, pet food, swine and poultry industries as a high quality and cost-effective protein feed ingredient alternative. Create less waste in 2021 with these 16 products, These $20 Amazon leggings are a great Lululemon dupe, Get a 4-pack of masks with neck ties for 40% off, My favorite budget gaming headset is just $35 today, How to watch UFC 257: Poirier vs. McGregor 2. The deal is expected to complete before the end of 2018, subject to regulatory approval. Transportation. From 3BL Media: Corporate Social Responsibility, Energy and Health News. Tempo Studio review: Is it worth the money? After determining there was demand for NexPro, the company expanded to Shell Rock, where MSC processing started in July. Flint Hills Resources Retains J.P. Morgan To Market Ingleside Crude Oil Terminal INGLESIDE, Texas, June 26, 2019 /PRNewswire/ -- Flint Hills Resources has hired J.P. Morgan to market and explore sales options for its crude oil terminal and fuel loading operations at Ingleside, Texas. Flint Hills Resources announced today plans to begin construction on a $20 million expansion of its Waupun, Wisconsin fuel terminal. INEOS Enterprises has completed the acquisition of the chemical intermediates business of Flint Hills Resources (known as ‘Flint Hills Resources Joliet’). The Flint Hills plant expansion has been good news for Shell Rock, a city of 1,280 in Butler County. The company installed Maximized Stillage Co-Products (MSC) technology at the plant earlier this year. Tags Koch Industries Molex Innovation & Technology.

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