ROSEMOUNT, MN-Flint Hills Resources plans a $100-million expansion at its refinery here. The project is expected to generate from 100 to 150 construction jobs, would take place in 2005 and 2006 and will require modifications to an existing crude oil processing unit.

Flint Hills Resources will seek the necessary state and local permits in 2005 and 2006. The Wichita, KS-based company needs more refining capacity at the plant to meet growing demand for gasoline and diesel fuel in Minnesota, Wisconsin, Iowa and the Dakotas. Flint Hills says demand has grown 2% a year over the last seven years.

“It has been well reported that demand for petroleum products continues to grow while US refining capacity has remained relatively flat,” says Dave Robertson, president of Flint Hills Resources. “Increasing our crude oil processing capacity is essential to meet growing demand for both diesel fuel and gasoline, which is projected to grow throughout the rest of the decade in the states we serve.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.