HollyFrontier plans to enter mid-continent asphalt market

|About: HollyFrontier Corp. (HFC)|By:, SA News Editor

HollyFrontier (HFC) +1.2% AH as it announces plans to enter the mid-continent asphalt business in an attempt to expand its Southwest asphalt production and marketing business.

A subsidiary of HFC is entering into a long term lease with NuStar GP Holdings (NSH) unit NuStar Logistics for the Port of Catoosa asphalt terminal, enabling HFC to begin supplying polymer modified and PG asphalts to the mid-continent market.