Company Overview of Koch Industries, Inc.
Koch Industries, Inc., through its subsidiaries, is engaged in refining, chemical and bio-fuel, forest and consumer product, fertilizer, polymer and fiber, process and pollution control equipment and technology, commodity trading and service, mineral, ranching, glass, and investment businesses. It supplies fuels for transportation, energy to heat and cool buildings, fibers for carpets and garments, water filtration equipment, consumer products, building materials, and more; operates refineries for crude oil processing in Minnesota, Texas, and Alaska; produces and markets petrochemicals, ethanol, bio-fuels, and asphalt; and owns a lubricants base oil facility in Louisiana. The company also ow...
4111 East 37th Street North
Wichita, KS 67220
Founded in 1940
Key Executives for Koch Industries, Inc.
Chairman and Chief Executive Officer
Executive Vice President of Operations Excellence and Compliance and Director
Executive Vice President and Director
Compensation as of Fiscal Year 2013.
Koch Industries, Inc. Key Developments
Koch Presents at 5th International LNG Shipping Conference 2014, Feb-05-2014
Feb 2 14
Koch Presents at 5th International LNG Shipping Conference 2014, Feb-05-2014 . Venue: Le Meridien Piccadilly, London, United Kingdom.
Koch Industries's Subsidiary to Begin Laying Off Workers at its North Carolina Plant
Nov 7 13
A subsidiary of Koch Industries expects to begin laying off workers at its North Carolina plant at the end of the year as part of a wind-down of one of its products, which was announced in 2012. About 100 workers at the Invista plant in Wilmington will be affected. Those workers are involved in the manufacture of a product called DMT — or dimethyl terephthalate, a raw material for polyester films and fibers — which is no longer feasible for the company to produce. The workers there were notified of the plan to cease the manufacture of DMT in September 2012. The layoffs will happen in two phases, one at the end of the year and another at the end of January 2014. The affected workers are able to apply for other positions within Koch companies and would receive help from Invista to find jobs outside of it and Koch. About 50 people will continue to be employed at the Wilmington plant, which produces another product called Terate aromatic polyester polyols.
Koch Industries No More Interested In Tribune Company Publications
Aug 23 13
Koch Industries, Inc. is no more interested in the acquisition of Los Angeles Times Communications, LLC and Chicago Tribune Company, Inc. of Tribune Company (OTCPK:TRBA.A). Melissa Cohlmia, spokeswoman for Koch Industries, confirmed the report from the Daily Caller saying that Koch Industries wouldn't be buying any of Tribune's daily newspapers after conducting a review. Melissa said, "Koch continues to have an interest in the media business and we’re exploring a broad range of opportunities where we think we can add value. In terms of the Tribune, the Daily Caller story is accurate." Mark Walter, said that he has been exploring a possible purchase of the Los Angeles Times. "The Los Angeles Times says something," Walter said. "It means something. It's a brand. I think people have undervalued that. If the price were right, I would buy it." Walter is the Chief Executive Officer of Guggenheim Partners, LLC. He said he is interested in acquiring both The Times and the Chicago Tribune -- in part because he is interested in increasing the diversity and improving the quality of information available to the public. "We want the L.A. Times to be strong," Walter said. "We want the Tribune to be strong." According To Los Angeles Times, Tribune Co.’s spokesman Gary Weitman said the company does not comment on speculation involving its businesses.
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