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Koch Industries

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About Koch Industries

Koch (pronounced "coke") Industries is the real thing, one of the largest (if not the largest) private companies in the US. Koch's operations are diverse, including refining and chemicals, process and pollution control equipment, and technologies; fibers and polymers; commodity and financial trading; and forest and consumer products (led by Georgia-Pacific). Its – more... Flint Hills Resources subsidiary owns three refineries that together process more than 800,000 barrels of crude oil daily. Koch operates crude gathering systems and pipelines across North America as well as cattle ranches with more than 15,000 head of cattle in Kansas, Montana, and Texas. Brothers Charles and David Koch control the company.

The group has a presence in almost 60 countries. Among other assets, the company owns a 3% stake in the Trans Alaska Pipeline System, 4,000 miles of oil and products pipelines in the US (including a 28% stake in Colonial Pipeline), and an 80,000 barrel-per-day refinery in Rotterdam. Netherlands.

Koch's numerous subsidiary companies leverage capabilities such as its proprietary Market Based Management system, and a high level of operational, trading, transaction, and public sector skills, to create long-term value for its customers. The company has pursued a strategy of reinvesting about 90% of its earnings into acquisitions and investments (some $45 billion since 2003, including the $21 billion purchase of forest products giant Georgia-Pacific) in 2005.

Expanding its Koch Supply & Trading business portfolio, in 2012 the unit launched a global gas trading business to take advantage of the growth in US supply. (Gas shales and other unconventional plays opened up by new drilling technologies in recent years have given North America a surplus of cheap natural gas).

Growing its fertilizer business, in 2011 subsidiary Koch Fertilizer acquired the UK's largest independent fertilizer maker, J&H Blunn. Its subsidiary, Koch Agronomic Services, acquired the Niamin and Nitamin Nfusion nitrogen fertilizer lines from Georgia Pacific Chemical in 2011. That year it also picked up the assets of St. Louis-based Agrotain International, which makes stabilized nitrogen fertilizer products to reduce nitrogen losses in plants.

Expanding its portfolio, in 2010 Georgia-Pacific acquired four oriented strand board mills from Grant Forest Products for $400 million. That year Flint Hills Resources opened a new fuel terminal in Mustang Ridge, Texas, to serve customers in the Central Texas region. To meet increased energy demand, in 2010 Koch Pipeline announced plans to build a new pipeline into Karnes County, Texas, to move an additional 120,000 barrels per day of crude oil from the adjacent Eagle Ford shale play. The project is scheduled for completion in late 2012.

The Koch brothers are politically active and major funders of politicians and groups advocating for lower taxes, smaller federal, state, and local governments, and less government spending. – less

Koch Industries Employer Reviews
Read all 20 reviews
Service Technician (Former Employee), Oklahoma City, OKJune 9, 2015
Tax (Current Employee), Atlanta, GAMay 1, 2015
SENIOR PIPING DESIGNER (Former Employee), Pine Bend, MNFebruary 8, 2015
Senior Tech within the Telecom Dept (Former Employee), Wichita, KSJanuary 21, 2015
Associate, Corp. Bus. Dev. (Former Employee), Wichita, KSDecember 8, 2014

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