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FHR Acquires Its Fifth Ethanol Plant in Iowa

Plant is the fifth in Iowa and sixth overall for the company

Flint Hills Resources announced today that it has finalized the acquisition of an Arthur, Iowa, ethanol plant from Platinum Ethanol.

Flint Hills Resources is a leading refining, chemicals and biofuels company with operations primarily in the Midwest, Texas and Alaska. Flint Hills Resources' biofuels business includes five ethanol plants with a combined capacity of 550 million gallons, a biodiesel plant in Texas, and investments in biofuels technology and feedstock development.

The Arthur facility opened in 2008 and has an annual capacity of 110 million gallons of ethanol. It also produces 300,000 pounds of distillers’ grains and approximately 23 million pounds of non-food grade corn oil each year. The plant employs about 50 people.

Flint Hills Resources is currently seeking candidates for full time positions at several of its Midwest locations. More information is available at FHRcareers.com

ABOUT FLINT HILLS RESOURCES

Flint Hills Resources, LLC, through its subsidiaries, is a leading refining, chemicals and biofuels company. Its subsidiaries market gasoline, diesel, jet fuel, ethanol, biodiesel, olefins, polymers and intermediate chemicals, as well as base oils and asphalt. Flint Hills Resources operates ethanol plants in Fairbank, Iowa Falls, Menlo and Shell Rock, Iowa; and Fairmont, Neb. The plants have a combined annual capacity of 550 million gallons of ethanol.

The refining business operates refineries in Alaska (North Pole), Minnesota (Rosemount) and Texas (Corpus Christi), with a combined crude oil processing capacity of nearly 670,000 barrels per day. The petrochemical business includes production facilities in Illinois, Michigan and Texas. The asphalt business produces and markets product in the Midwest and Alaska. A subsidiary owns an interest in a lubricants base oil facility in Louisiana.