Cases & Deals

Koch Industries subsidiary acquires PetroLogistics for $2.1 billion

Clients Koch Industries, Inc.

Jones Day advised Flint Hills Resources, LLC, a leading refining, chemicals, and biofuels company, and a subsidiary of Koch Industries, Inc., in its acquisition of PetroLogistics, LP, a master limited partnership that is a major U.S. producer of propylene, in a cash deal valued at approximately $2.1 billion.