HollyFrontier Corp. today announced plans to enter the mid-continent asphalt market. The company has entered a long-term deal with NuStar Logistics to sell polymer modified and PG asphalts via NuStar’s Port of Catoosa terminal in Oklahoma. HollyFrontier currently supplies high quality asphalt products to paving contractors from terminals in New Mexico and Arizona. Company President and CEO Mike Jennings said the expansion would increase crude-slate flexibility at HollyFrontier’s mid-continent refineries.
“We look forward to leveraging the historical success we have had in the Southwest market by expanding our marketing effort to the mid-continent region of the United States,” Jennings said.
