Koch Unit Plans $300M In Minn. Refinery Upgrades

Law360, New York (March 19, 2014, 8:04 PM EDT) -- Koch Industries Inc.'s Flint Hills Resources said Wednesday that it wants to invest $300 million in a pair of projects at a Minnesota refinery that will allow it to produce cleaner fuel in order to meet new federal standards, as well as improve the plant's energy efficiency.

The projects at Flint Hills' Pine Bend refinery in Rosemount, Minn., involve a new refining process for removing sulfur from gasoline and using it to produce fertilizer, as well as installing a combined heat-and-power system that will enable the...
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