ERROR 1
ERROR 1
ERROR 2
ERROR 2
ERROR 2
ERROR 2
ERROR 2
Password and Confirm password must match.
If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)
ERROR 2
ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.
Flint Hills Resources, the refining and chemical subsidiary of Koch Industries, has signed a deal to purchase the propylene maker PetroLogistics for $2.1 billion, including debt. Parties owning 73% of PetroLogistics, including its board and private equity partners, have approved the transaction. Flint Hills expects to complete it by the end of the year. PetroLogistics operates the first in a wave of U.S. propane dehydrogenation plants. It opened in 2010 in Houston on the site of a former ExxonMobil ethylene cracker. The company had sales of $758 million last year. Flint Hills makes polypropylene at plants in Texas and Michigan.
Join the conversation
Contact the reporter
Submit a Letter to the Editor for publication
Engage with us on X