Koch Industries Announces Subsidiary Realignment

March 1, 2022

min read

WICHITA, Kan. – Koch Industries, Inc. (Koch), today announced the upcoming realignment of several of its operating subsidiaries to accelerate growth and improve its ability to create value for customers and other constituencies in these businesses. The move, expected to be completed by April 30, 2022, will formally establish platforms individually focused on investments, refining and polymers.  

The platforms being formed include:

  • Investments: Koch Investments Group, LLC (KIG), and its subsidiaries will become Koch’s investing platform, enhancing Koch’s capabilities, breadth and brand as a unique and valued source of capital. 
  • Refining: Flint Hills Resources, LLC (FHR), and its subsidiaries will be Koch’s separately rated refining platform, focused on being a global industry leader through continued innovation and environmental stewardship. 
  • Polymers: With completion of the previously announced transfer of FHR’s propylene business (including propylene and polypropylene products), INVISTA Equities, LLC, and its subsidiaries will be Koch’s larger-scale and further-diversified global polymers platform, focused on creating superior applications. 

The realignment also includes the formation of Koch Solutions, LLC, a newly created and rated subsidiary encompassing the existing platforms of Koch Ag & Energy Solutions, LLC (KAES), Koch Engineered Solutions, LLC (KES), Koch Minerals & Trading, LLC (KM&T), and their respective subsidiaries, as well as Koch’s ownership stake in Colonial Pipeline. 

These realigned businesses are strategically important to Koch, along with its portfolio of other Koch-operated companies: Georgia-Pacific, Molex, Guardian Industries and Infor, which are unaffected by these changes. The company expects multiple benefits from this realignment including: increased knowledge sharing, innovation and capability building; improved capital sourcing; a greater ability to improve and grow these businesses with platform alignment; and enhanced leadership focus on advancing each Vision - increasing Koch’s ability to benefit our customers and other key constituencies.

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About Koch Solutions

Koch Solutions, LLC, through its subsidiaries, is a large, diversified global solutions provider in the areas of fertilizer and methanol supply, agronomic services, physical and financial commodity trading, shipping, logistics, renewable energy services, electricity grid management, pollution control, separation technologies, engineering and construction, and project services. 

With revenues equivalent to Fortune 100 companies, Koch Solutions is based in Wichita, Kansas. It has about 10,000 employees in offices and operations across six continents.

About Koch Investments Group

Koch Investments Group is comprised of Koch Investments Group, LLC and its five subsidiaries: Koch Disruptive Technologies, LLC, Koch Equity Development, LLC, Koch Investment Management, LLC, Koch Real Estate Investments, LLC, and Koch Strategic Platforms, LLC.  

From investing to acquisitions, KIG seeks out opportunities across a broad spectrum of industries. It provides a diverse set of capabilities to these organizations beyond being a capital solutions provider, including a principled focus on where and how KIG can create the greatest value and help make its partners successful. 

About Flint Hills Resources

Flint Hills Resources, LLC, through its subsidiaries, is a leading refining company providing reliable and affordable fuels, chemicals and other products that are essential for human flourishing and progress. The company produces, markets and transports refined products including gasoline, diesel, jet fuel, asphalt, heating fuels, liquid fertilizer and chemical intermediates. 

Built upon more than six decades of refining experience, Flint Hills Resources operates the Pine Bend refinery in Rosemount, Minnesota, and a refining complex in Corpus Christi, Texas, with a combined crude oil processing capacity of more than 700,000 barrels per day. The company also owns and/or operates more than 4,000 miles of pipelines that transport crude oil, refined petroleum products, natural gas liquids and chemicals.  These are delivered through a distribution system of more than 40 terminals throughout the Midwest and Texas. 

Flint Hills Resources has enhanced its operations through capital projects totaling more than $9 billion since 2002. Based in Wichita, Kansas, the company has about 3,000 employees.

About INVISTA

INVISTA Equities, LLC, through its subsidiaries, is a global manufacturer of chemical intermediates, polymers and fibers. From components for the automotive industry to medical equipment, air bags, food packaging, carpet and clothing, INVISTA’s ingredients in the nylon 6,6 and polypropylene value chains are critical to many of life’s essential products. 

INVISTA is committed to innovation and responsibly creating more value for its customers and society while consuming fewer resources. See the bigger picture at INVISTA.com.