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Delek US Holdings, Inc. Provides Update on Tyler Refinery Fire
BRENTWOOD, Tenn., Nov 21, 2008 (BUSINESS WIRE) -- Delek US Holdings, Inc. (NYSE: DK), a diversified energy company with assets in the petroleum refining, marketing and retail industries, today confirmed that a fire at the Company's 60,000-barrel-per-day Tyler, Texas, refinery has temporarily caused a halt in production.

At approximately 2:00 pm central time on Nov. 20, an explosion and related fire occurred in an area of the refinery occupied by the Saturates Gas Plant. The cause of the incident and the extent of the damage to the refinery have not yet been established. As a result of the incident, at least six people have received medical attention.

"Our top priority is the health of those impacted by this event," said Fred Green, President and Chief Operating Officer of Delek Refining. "Our on-site emergency teams and safety personnel, in coordination with local first responders, are working closely together to help ensure the well-being of the Tyler community."

"In the days and weeks ahead, we will work diligently to determine the cause and origin of the fire," continued Green. "We remain wholly committed to the safe operation of the Tyler refinery. Our thoughts and prayers are with the injured employees and their families."

About Delek US Holdings, Inc.

Delek US Holdings, Inc. is a diversified energy business focused on petroleum refining, marketing and supply of refined products, and retail marketing of fuel and general merchandise. The refining segment operates a high conversion, independent refinery, with a design crude distillation capacity of 60,000 barrels per day, in Tyler, Texas. The marketing and supply segment markets refined products through its terminals in Abilene, Texas and San Angelo, Texas as well as other third party terminals. The retail segment markets gasoline, diesel and other refined petroleum products and convenience merchandise through a network of company-operated retail fuel and convenience stores, operated under the MAPCO Express(R), MAPCO Mart(R), East Coast(R), Discount Food Mart(TM), Fast Food and Fuel(TM) and Favorite Markets(R) brand names.

Safe Harbor Provisions Regarding Forward-Looking Statements

This press release contains forward-looking statements that are based upon current expectations and involve a number of risks and uncertainties. Statements concerning our current estimates, expectations and projections about our future results, performance, prospects and opportunities and other statements, concerns, or matters that are not historical facts are "forward-looking statements," as that term is defined under the federal securities laws.

Investors are cautioned that the following important factors, among others, may affect these forward-looking statements. These factors include but are not limited to: our competitive position and the effects of competition; the projected growth of the industry in which we operate; changes in the scope, costs, and/or timing of capital projects; losses from derivative instruments; management's ability to execute its strategy of growth through acquisitions and transactional risks in acquisitions; general economic and business conditions, particularly levels of spending relating to travel and tourism or conditions affecting the southeastern United States; risks and uncertainties with the respect to the quantities and costs of crude oil, the costs to acquire feedstocks and the price of the refined petroleum products we ultimately sell; potential conflicts of interest between our majority stockholder and other stockholders; and other risks contained in our filings with the Securities and Exchange Commission.

Forward-looking statements should not be read as a guarantee of future performance or results and will not be accurate indications of the times at, or by which such performance or results will be achieved. Forward-looking information is based on information available at the time and/or management's good faith belief with respect to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Delek US undertakes no obligation to update or revise any such forward-looking statements.

SOURCE: Delek US Holdings, Inc.

Delek US Holdings, Inc.
Investor Relations Contact:
Noel Ryan, 615-435-1356
Director of Investor Relations
U.S. Media Contact:
Lovell Communications Inc.
Susan Morgenstern, 615-297-7766
Cell: 615-478-6215
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Lior Chorev, 011-972-3-644-0404