We are an integrated downstream energy business focused on petroleum refining
and the transportation, storage and wholesale distribution of crude oil, intermediate
and refined products. Delek US Holdings, Inc. ("Holdings"), a Delaware
corporation formed in 2001, is the sole shareholder or owner of membership interests
of Delek Refining, Inc. ("Refining"), Delek Finance, Inc., Delek Marketing
& Supply, LLC, Lion Oil Company ("Lion Oil"), Delek Renewables,
LLC, Delek Rail Logistics, Inc., Delek Logistics Services Company, Delek Helena,
LLC, and Delek Land Holdings, LLC. In addition, as of December 31, 2016, we
owned a 60.7% limited partner interest in Delek Logistics Partners, LP ("Delek
Logistics"), a publicly traded master limited partnership that we formed
in April 2012, and a 94.9% interest in Delek Logistics GP, LLC ("Logistics
GP"), which owns the entire 2.0% general partner interest in Delek Logistics.
Unless otherwise indicated or the context requires otherwise, the terms "we,"
"our," "us," "Delek" and the "Company"
are used in this report to refer to Delek US Holdings, Inc. and its consolidated
subsidiaries. Our business consists of two operating segments: refining and
logistics.
Our refining segment operates independent refineries in Tyler, Texas (the "Tyler
refinery") and El Dorado, Arkansas (the "El Dorado refinery")
with a combined design crude throughput capacity of 155,000 bpd. The Tyler refinery
sells the majority of its production over a refinery truck rack owned and operated
by our logistics segment to supply the local market in the east Texas area.
The El Dorado refinery sells a portion of its production at the refinery truck
rack, which is owned and operated by our logistics segment, but the majority
of the refinerys production is shipped into the Enterprise Pipeline System
and our logistics segments El Dorado Pipeline system to supply a combination
of pipeline bulk sales and wholesale rack sales at terminal locations along
the pipeline, including Shreveport, Louisiana, North Little Rock, Arkansas,
Memphis, Tennessee, and Cape Girardeau, Missouri. Our refining segment also
includes two biodiesel facilities we own and operate that are involved in the
production of biodiesel fuels and related activities, located in Crossett, Arkansas
and Cleburne, Texas.
Our logistics segment gathers, transports and stores crude oil and markets,
distributes, transports and stores refined products in select regions of the
southeastern United States and west Texas for both our refining segment and
third parties. The logistics segment owns or leases capacity on approximately
400 miles of crude oil transportation pipelines, approximately 366 miles of
active refined product pipelines, an approximately 600-mile crude oil gathering
system and associated crude oil storage tanks with an aggregate of approximately
7.3 million barrels of active shell capacity. Our logistics segment owns and
operates nine light product terminals and markets light products using third-party
terminals.