Market Overview

Flint Hills Resources Plans Ingleside Expansion

Share:

New storage tanks and loading capability will add capacity by October
2019

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.

The project currently consists of construction of four new crude storage
tanks, 60,000 barrels per hour of total loading capability, plus the
associated pumps and piping. The expected in-service date for the
project is October 2019 subject to state permitting approvals. When the
project is completed, Ingleside will have a total crude storage capacity
of approximately 3.5 – 4.0 million barrels.

Currently, the Ingleside terminal utilizes two docks, including one that
supports loading of Suezmax-size vessels. Flint Hills Resources is also
evaluating a separate project that would allow it to load "VLCC" or Very
Large Crude Carrier-size vessels in the future.

In addition to the Ingleside terminal expansion, Flint Hills Resources
plans to build connections to the recently announced crude pipelines
coming from the Permian Basin.

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. 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.

Flint Hills Resources also owns or operates more than 4,000 miles of
pipelines that transport crude oil, refined petroleum products, natural
gas liquids and chemicals. More information at www.fhr.com.

View Comments and Join the Discussion!