Flint Hills Resources to acquire PetroLogistics for $2.1 billion

June 2014
Chemical Week;6/2/2014, Vol. 176 Issue 15, p9
Trade Publication
The article reports on independent refining company Flint Hill Resources' deal to acquire propylene maker PetroLogistics for 2.1 billion dollars. Topics discussed include Flint Hills' purchase of all of PetroLogistics' outstanding common units for 14.00 dollars per unit except for those owned by the company's four largest shareholders, Flint Hills' polypropylene plants in Texas and Michigan, and the multiyear propylene supply contracts between Petrologistics and BASF.


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