Koch company expanding crude loading capacity

Flint Hills Resources, a subsidiary of Koch Industries and a firm with operations throughout Oklahoma announced this week plans to expand storage at its terminal in Ingleside, Texas.

The outbound crude loading capacity will be increased to nearly 380,000 barrels a day. The project consists of construction of four new crude storage tanks, 60,000 barrels an hour of total loading capability and associated pumps and piping.

Flint Hills, based in Wichita, Kansas expects the project to be operational by October 2019. Once completed, the total crude storage capacity will be nearly 4 million barrels. The company currently has two docks including one that supports the loading of Suezmax-size vessels. Management is also considering a separate project that would allow the loading of VLCC or Very Large Crude-Carrier size ships.

Flint Hills Resources is an industry leader in refining, chemicals, and biofuels and ingredients, with operations primarily in the Midwest and Texas. Its manufacturing capability is built upon six decades of refining experience, and the company has expanded its operations through capital projects and acquisitions worth more than $15 billion since 2002. Based in Wichita, Kansas, the company has more than 4,500 employees and is a wholly owned subsidiary of Koch Industries, Inc.

Flint Hills Resources’ subsidiaries produce and market gasoline, diesel, jet fuel, asphalt, ethanol, biodiesel, olefins, polymers, intermediate chemicals and base oils. They also produce distillers corn oil, distillers grains and fertilizers.

Flint Hills Resources’ refining business operates refineries in Minnesota (Rosemount) and Texas (Corpus Christi), with a combined crude oil processing capacity of more than 600,000 barrels per day. Its petrochemical business includes production facilities in Illinois (Peru and Joliet) and Texas (Corpus Christi, Houston, Port Arthur and Longview). Its asphalt business produces and markets product in the Midwest. The biofuels business operates ethanol plants in Georgia (Camilla), Iowa (Arthur, Fairbank, Iowa Falls, Menlo and Shell Rock) and Nebraska (Fairmont) that have a combined annual capacity of 850 million gallons of ethanol, and a biodiesel plant in Beatrice, Nebraska, with an annual capacity of 50 million gallons of biodiesel.