INVISTA acquires the Flint Hills Resources propylene business effective from January 1, 2022. This includes chemical facilities in Houston and Longview, Texas, as well as support employees.
Using Combined Knowledge for Accelerated Growth
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This addition of the propylene business to INVISTA’s existing portfolio provides a strong chemical platform to grow,” said Jeff Gentry, INVISTA chairman and CEO. “
We look forward to applying our combined knowledge and capabilities to accelerate future innovation and growth opportunities.”
Ownership of the pipelines that supply these facilities also transferred to INVISTA, and they will continue to be operated by Flint Hills Resources under contract.
INVISTA's Complete Monomers Range
Source: INVISTA