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Motiva and Flint Hills Resources reach agreement

Published by , Senior Editor
Hydrocarbon Engineering,

Motiva Enterprises LLC and an affiliate of Flint Hills Resources has 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 4Q19, subject to satisfaction of closing conditions.

The parties confirmed that they will not be disclosing the terms of the transaction.

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