HollyFrontier, HEP ink dropdown deal for Woods Cross refinery units

Independent refiner HollyFrontier Corp., Dallas, has entered an agreement in principle to sell newly built crude, fluid catalytic cracking and polymerization units at its 45,000-b/sd Woods Cross refinery in West Bountiful, Utah, just north of Salt Lake City, to consolidated variable interest entity Holly Energy Partners LP (HEP), also of Dallas.


Source: News