HollyFrontier Corporation
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HF Sinclair Corporation (HF Sinclair) is a diversified energy company that manufactures and sells products such as gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, and specialty and modified asphalt, among others. It is based in
Dallas, Texas Dallas () is the third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the fourth-largest metropolitan area in the United States at 7.5 million people. It is the largest city in and seat of Dallas County ...
. The company operates seven complex
oil refineries An oil refinery or petroleum refinery is an industrial process plant where petroleum (crude oil) is transformed and refined into useful products such as gasoline (petrol), diesel fuel, asphalt base, fuel oils, heating oil, kerosene, lique ...
with a total crude oil processing capacity of 678,000 barrels per stream day. It has facilities in
Cheyenne, Wyoming Cheyenne ( or ) is the capital and most populous city of the U.S. state of Wyoming, as well as the county seat of Laramie County, Wyoming, Laramie County, with 65,132 residents, per the 2020 US Census. It is the principal city of the Cheyenne ...
(52,000 barrels per day), El Dorado, Kansas (coking refinery - 135,000 bbl/d), Artesia, New Mexico (100,000 bbl/d),
Tulsa, Oklahoma Tulsa () is the second-largest city in the state of Oklahoma and 47th-most populous city in the United States. The population was 413,066 as of the 2020 census. It is the principal municipality of the Tulsa Metropolitan Area, a region with ...
(125,000 bbl/d),
Woods Cross, Utah Woods Cross is a city in Davis County, Utah, United States. It is part of the Ogden– Clearfield, Utah Metropolitan Statistical Area. The population was 9,761 as of the 2010 census, with an estimated population in 2019 of 11,431. Histor ...
(45,000 bbl/d), Sinclair, WY and Casper, WY. It operates three lubricants and specialties facilities in Mississauga (15,600 bbl/d), Petrolia, PA and in the Netherlands. The company also operates asphalt terminals in
Arizona Arizona ( ; nv, Hoozdo Hahoodzo ; ood, Alĭ ṣonak ) is a state in the Southwestern United States. It is the 6th largest and the 14th most populous of the 50 states. Its capital and largest city is Phoenix. Arizona is part of the Fou ...
,
New Mexico ) , population_demonym = New Mexican ( es, Neomexicano, Neomejicano, Nuevo Mexicano) , seat = Santa Fe , LargestCity = Albuquerque , LargestMetro = Tiguex , OfficialLang = None , Languages = English, Spanish ( New Mexican), Navajo, Ke ...
, and Oklahoma. The company ranked 279th in the 2021 Fortune 500, based on its 2020 revenue.


History

The company was incorporated under the name General Appliance Corporation in 1947 and changed its name to Holly Corporation in 1952. In 2003, Frontier Oil agreed to acquire Holly but Holly later cancelled the merger, leading to litigation. In 2009, Holly Corporation acquired 2 refineries in
Tulsa, Oklahoma Tulsa () is the second-largest city in the state of Oklahoma and 47th-most populous city in the United States. The population was 413,066 as of the 2020 census. It is the principal municipality of the Tulsa Metropolitan Area, a region with ...
: one from Sinclair Oil Corporation for $128 million and one from Sunoco. In July 2011, Holly Corporation and Frontier Oil merged forming HollyFrontier Corporation. In February 2017, the company acquired
Suncor Energy Suncor Energy (french: Suncor Énergie) is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-lar ...
's Petro-Canada Lubricants unit in Mississauga,
Ontario Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central C ...
,
Canada Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tot ...
for C$1.125 billion. In early 2019, HollyFrontier acquired Sonneborn, a manufacturer of food grade white mineral oils and waxes in Petrolia, Pennsylvania, for $655 million. In June 2020, HollyFrontier announced its Cheyenne refinery will cease processing petroleum, instead shifting production solely to
renewable fuel Renewable Fuels are fuels produced from renewable resources. Examples include: biofuels (e.g. Vegetable oil used as fuel, ethanol, methanol from clean energy and carbon dioxide or biomass, and biodiesel) and Hydrogen fuel (when produced with ren ...
, with the loss of approximately 200 workers. In May 2021, HollyFrontier agreed to purchase the Shell Anacortes Refinery near Anacortes,
Washington Washington commonly refers to: * Washington (state), United States * Washington, D.C., the capital of the United States ** A metonym for the federal government of the United States ** Washington metropolitan area, the metropolitan area centered o ...
, with capacity of 149,000 bbl/d, for $350 million. In August 2021, HollyFrontier agreed to purchase the assets of Sinclair Oil Corporation, including its two refineries near Casper, Wyoming, and
Sinclair, Wyoming Sinclair is a town in Carbon County, Wyoming, United States. History The town was originally called Parco, after the Producers & Refiners Corporation (or PARCO) which founded the refinery and the company town. It was renamed Sinclair after PA ...
, for $2.6 billion. The succeeding company, HF Sinclair Corporation, is expected to finalize the merger mid-2022. In March 14, 2022, HollyFrontier and Holly Energy Partners announced the completion of transactions with The Sinclair Companies and the establishment of the new parent company, HF Sinclair Corporation (NYSE:DINO). In July 2022 HF Sinclair laid off approximately 97 people in the Sinclair, Wyoming refinery.


Carbon footprint

HollyFrontier reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 31 December 2020 at 6,167 Kt (-122 /-1.9% y-o-y).Alt URL
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References


External links

* * {{Authority control 1947 establishments in Texas American companies established in 1947 Companies based in Dallas Companies listed on the New York Stock Exchange Energy companies established in 1947 Non-renewable resource companies established in 1947 Oil companies of the United States Oil pipeline companies Petroleum in Texas