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News Breaks | | | | January 9, 2013 | | 19:03 EDT |  | DK | Delek US Holdings acquires biodiesel facility for $5.3M
Delek US Holdings announced that it entered into an agreement to purchase a biodiesel production facility and related assets based in Cleburne, TX from EQM Technologies & Energy for approximately $5.3M. This transaction is subject to standard closing conditions and is expected to close on or before January 23. The biodiesel facility has a production capacity of approximately 12M gallons per year. Delek US intends to spend approximately $3.0M in capital expenditures during 2013 to improve the feedstock flexibility of this facility. At present, the facility produces biodiesel exclusively for Delek US and its affiliates under a tolling agreement. The tolling agreement will terminate upon completion of this transaction. | |
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News For DK From The Last 14 Days Check below for free stories on DK the last two weeks. |
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| May 16, 2013 | | 07:37 EDT |  | DK | Morgan Stanley to host a conference
Refining Corporate Access Day is being held in New York on May 16. | | | May 8, 2013 | | 19:24 EDT |  | DK | Delek US reports Q1 EPS $1.28, consensus $1.14
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