Delek US Holdings, Inc. Announces Formation of DK Trading & Supply, LLC
January 12, 2019 at 03:20 am IST
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Delek US Holdings, Inc. ('Delek US') announced the formation of DK Trading & Supply, LLC ('DK Trading & Supply'), a wholly owned subsidiary of Delek US. This will consolidate commercial activities for crude oil, refined products and renewable purchases, sales and other commercial activity under one entity in 2019. These activities had previously been conducted through a series of companies under the Delek US umbrella. Commencing January 2019, customers and suppliers will begin transitioning to DK Trading & Supply. As this transition is made during the first half of 2019, business previously carried out under the Delek US umbrella (including but not limited to Delek US Holdings, Inc., Delek Refining, Inc., Lion Oil Company, Delek Marketing & Supply, LLC, Alon USA, LP, Alon Refining Krotz Springs, Inc. and Delek Renewables, LLC) will be done through DK Trading & Supply. Customers and suppliers should direct any questions related to this transition to their normal credit or commercial contact.
Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, renewable fuels and convenience store retailing. The Company's segments include Refining, Logistics and Retail. The Refining segment processes crude oil and other feedstocks for the manufacture of transportation motor fuels, including various grades of gasoline, diesel fuel and aviation fuel, asphalt and other petroleum-based products. The Refining segment also owns and operates three biodiesel facilities involved in the production of biodiesel fuels and related activities, located in Crossett, Arkansas, Cleburne, Texas and New Albany, Mississippi. The Logistics segment is engaged in gathering, transporting, offloading and storing crude oil and natural gas; for storing intermediate products and feedstocks, and disposing and recycling water. The Retail segment includes the operations of owned and leased convenience store sites located in West Texas and New Mexico.
DELEK US HOLDINGS, INC. 
