Motiva Enterprises, LLC (Houston; www.motiva.com) and an affiliate of Flint Hills Resources (Wichita, Kan.; www.fhr.com) announced that they have signed an agreement for Motiva to acquire a 100% ownership interest in Flint Hills Resources Port Arthur, LLC. The potential acquisition is targeted to close in the fourth quarter of 2019, subject to satisfaction of closing conditions. The parties will not be disclosing the terms of the transaction.
Motiva to acquire Port Arthur assets from Flint Hills Resources
| By Mary Bailey