[95][94] In January 2020, after a trial that had begun in October 2019, a Fairbanks, Alaska Superior Court judge pro tem ordered Williams Alaska Petroleum, previous owner of the refinery, to pay $29.4 million for costs and damages related to contaminating drinking water wells supplying hundreds of residents with sulfolane, the problem first discovered in 2009. Beginning Oct. 1, 2021, Michigan residents will need to present a REAL ID-compliant document to fly within the United States and enter certain federal facilities to … [39], Infor, headquartered in New York City, NY, released a statement on February 4, 2020, that Koch Equity Development LLC, the investment and acquisition subsidiary of Koch Industries, would be purchasing the rest of the equity stake from Golden Gate Capital following an initial investment of over 2 billion USD in November 2016 and over 1.5 billion USD in January 2019. At that time, it was primarily an engineering firm with part interest in the Pine Bend Refinery in Minnesota, a crude oil-gathering system in Oklahoma,[19] and some cattle ranches. [27], Koch Supply & Trading companies around the world trade crude oil, refined petroleum products, gas liquids, natural gas, liquefied natural gas, power, renewables, emissions, and metals. Get the latest Michigan Local News, Sports News & US breaking News. Koch Petroleum paid a $6 million fine and $2 million in remediation costs, and was ordered to serve three years of probation. [61], Eta is the leading supplier of deaeration plants around the world, with over 400 plants worldwide. 10 Spartans and No. It operates 13 asphalt terminals located in six states including Alaska (2 terminals), Wisconsin (2), Iowa (3), Minnesota (4), Nebraska (1), and North Dakota (1). Covering the impact of coronavirus on the sports world. Koch-Glitsch engineers mass transfer and mist elimination equipment for refineries and chemical plants around the world. In April 2001, Koch pleaded guilty to one count, related to wastewater reporting it had self-reported to the government in 1995, according to the company. "[110], The second largest privately-owned business enterprises in the United States, Learn how and when to remove this template message, Patient Protection and Affordable Care Act, historically black colleges and universities, Employer Support of the Guard and Reserve, Texas and Southwestern Cattle Raisers Association, Political activities of the Koch brothers, climate change policy in the United States, https://www.forbes.com/companies/koch-industries/#2da3bcef74ce, "The biggest foreign lease holder in Canada's oil sands isn't Exxon Mobil or Chevron. [2][8][9][10] In 2007, it was ranked as the largest privately held company. Flint Hills has chemical plants in Illinois, Texas and Michigan. Make an appointment According to journalist Jennifer Rubin, Koch Industries’ general counsel stated that Egorova-Farines failed to promptly share the findings, choosing instead to give the information to a manager at Koch-Glitsch who was later fired for bribery. [29], In 2013, the company acquired Molex, a provider of electronic components, for $7.2 billion. The Commerce Department's Bureau of Industry and Security said from July 1997 to March 1999, Koch Petroleum (later called Flint Hills Resources) committed 40 violations of Export Administration Regulations. This model, which simulates every game 10,000 times, has raked in the winnings for those following its picks. The explosion was the only event of its kind in the company's history. [68] Koch also stated that the bacteria-induced corrosion acted quicker than had ever previously been recorded in the industry. The "Lycra" fiber brand was sold to Shandong Ruyi Investment Holding in 2019. [94] In 2006, Flint Hills Resources was fined nearly $16,000 by the EPA for 10 separate violations of the Clean Air Act at that facility, and was required to spend another $60,000 on safety equipment needed to help prevent future violations.

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