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Flint Hills Resources company logo
Corporation
INDUSTRIALS | Basic Materials / Chemicals
fhr.com

Investments

12

Partners & Customers

10

About Flint Hills Resources

Flint Hills Resources is an independent refining and chemicals company. Its refineries produce fuels that power much of Texas, the Midwest, and the Alaska interior. Its petrochemicals are used to manufacture goods from plastics to building products to packaging materials. The asphalt it produces is used in communities across the Midwest and Alaska. The base oils it markets are the principal raw material used to produce premium motor oil, commercial lubricants, and sealants and coatings.

Headquarters Location

4111 East 37th Street N.

Wichita, Kansas, 67220,

United States

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Expert Collections containing Flint Hills Resources

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Find Flint Hills Resources in 2 Expert Collections, including Advanced Materials.

A

Advanced Materials

1,313 items

Companies in the advanced materials space, including polymers, biomaterials, semiconductor materials, and more

R

Renewable Energy

2,920 items

Companies in the Renewable Energy space, including solar, wind, hydro, geothermal, and nuclear energy providers, as well as related software developers.

Latest Flint Hills Resources News

C3 AI Releases New C3 Generative AI Suite

Sep 6, 2023

C3 AI Releases New C3 Generative AI Suite 5-day change Today at 04:10 pm First Domain-Specific Generative AI Solutions for Industries, Business Processes, and Enterprise Systems C3 AI (NYSE: AI), the Enterprise AI application software company, today announced the launch of the C3 Generative AI Suite including 28 new domain-specific generative AI offerings available to address the unique needs of industries, business processes, and enterprise systems. The new offerings combine C3 AI’s deep enterprise domain and industry expertise with the latest innovations in generative AI. Initially released in March 2023, C3 Generative AI has been well received by the market with projects now in place at Georgia-Pacific, Flint Hills Resources, Nucor, Pantaleon, Con Edison, the U.S. Missile Defense Agency, and a U.S. intelligence agency. “The market interest that we are seeing in C3 Generative AI is staggering,” said Thomas M. Siebel, C3 AI CEO. “The addressable market is unknowably large and appears to more than double our Enterprise AI market opportunity. You can expect that we will be investing in the coming quarters to maximize our first-to-market advantage.” C3 Generative AI combines the power and capability of the tried, tested, and proven C3 AI Platform with the latest innovations in large language models (LLMs). C3 Generative AI solutions are unique in the generative AI market, solving the security and veracity problems common to LLMs that generally proscribe their broad commercial enterprise use. “When it comes to generative AI, there are many nonstarters for organizations, including data privacy concerns, hallucination issues, IP liability exposure, and auditability of the generated content,” said Ritu Jyoti, Group Vice President, Worldwide Artificial Intelligence and Automation Research Practice Global AI Research Lead, IDC. “C3 AI’s domain-specific generative AI offerings can not only satisfy those concerns, but also support deep domain models that mediate access to structured and unstructured datasets, which is how enterprises will realize the most value with generative AI.” Specific C3 Generative AI solutions now available include: C3 Generative AI for Industries C3 Generative AI for Aerospace C3 Generative AI for Defense C3 Generative AI for Financial Services C3 Generative AI for Healthcare C3 Generative AI for Intelligence C3 Generative AI for Manufacturing C3 Generative AI for Oil and Gas C3 Generative AI for Telecommunications C3 Generative AI for Utilities C3 Generative AI for Business Processes C3 Generative AI for Customer Service C3 Generative AI for Energy Management C3 Generative AI for ESG C3 Generative AI for Finance C3 Generative AI for Human Resources C3 Generative AI for Process Optimization C3 Generative AI for Reliability C3 Generative AI for Sales C3 Generative AI for Supply Chain C3 Generative AI for Enterprise Systems C3 Generative AI for Databricks C3 Generative AI for Microsoft Dynamics 365 C3 Generative AI for Oracle ERP C3 Generative AI for Oracle NetSuite C3 Generative AI for Palantir C3 Generative AI for Salesforce C3 Generative AI for SAP C3 Generative AI for ServiceNow C3 Generative AI for Snowflake C3 Generative AI for Workday All C3 Generative AI solutions can operate on the cloud platform of the customer’s choice including Google Cloud Platform, AWS, and Microsoft Azure. LLM support is immediately available for Falcon 40B, Llama 2, Flan-T5, Azure GPT-3.5, AWS Bedrock Claude 2, Google PaLM 2, OpenAI GPT-3.5, and MPT-7B. Additional support will be announced for leading LLMs as the market develops. By combining the power of LLMs and generative AI with the tried, tested, and proven C3 AI Platform, C3 Generative AI solves the troubling problems endemic to virtually all other generative AI solutions: Answers are deterministic, not random. Answers are immediately traceable with one click to the ground source truth. With C3 AI, the LLM is firewalled from the data, minimizing the risk of LLM-caused data exfiltration and dramatically reduces the risk of LLM-caused cyberattack vectors. The C3 AI Platform allows the enforcement of all enterprise access and cybersecurity controls, providing nFactor authentication and data encryption both in motion and at rest. LLM reasoning is limited to enterprise-owned and enterprise-licensed data, mitigating the unbounded risk of IP liability associated with most LLM solutions, which access third-party or internet data. LLM agnostic, C3 Generative AI allows enterprises to interchange LLMs at will, taking advantage of the ongoing innovation in LLMs. C3 Generative AI minimizes the risk of hallucinations. All C3 Generative AI solutions can be ordered today from C3 AI or from the AWS Marketplace, the GCP Marketplace, and the Azure Marketplace. The licensing model is straightforward. C3 AI supports the customer to bring its generative AI application into production within 12 weeks at a cost of $250,000. After that, the customer pays per vCPU/vGPU hour, with volume discounts. C3 Generative AI is being successfully deployed to supplement manufacturing process knowledge at Georgia-Pacific, commodity trading optimization at Flint Hills Resources, enterprise search at the U.S. Missile Defense Agency, and to improve safety during steel manufacturing at Nucor. Customer reaction is uniformly positive. “We see the potential of C3 Generative AI for our manufacturing facilities by assisting employees with real-time access to resources to help solve operating problems and by adding interactive tools to our existing AI capabilities,” said Roshan Shah, Vice President in Georgia-Pacific’s Technology Solutions Group. “C3 AI has and will continue to deliver value for us, first in predictive maintenance, and now creating a better experience for our employees.” At Pantaleon, a large Central American sugar producer, C3 Generative AI is used to analyze contracts and understand market trends for sugar products. “C3 Generative AI holds the promise to change the way we work, and we are enthusiastic that we may not have to wait for our analysts to perform complex calculations and insights and instead they can focus on the high-value task of strategically applying those insights in the most advantageous way possible for our company,” said Pantaleon CFO and AI strategy leader, Guillermo Medina. “This is a natural next step in our forward-thinking strategy, and we are optimistic that we can rely on this product to produce traceable responses and confidently protect the valuable data we’ve amassed in the over 170 years we’ve been in business.” All products in the C3 Generative AI Suite are available for immediate customer installation. About C3 Generative AI C3 Generative AI is a unified knowledge source that enables enterprise users to rapidly locate, retrieve, and act on enterprise data and insights through an intuitive search and chat interface. By combining state-of-the-art foundational large language models (LLMs), deep learning retrieval models, and the C3 AI Platform, C3 Generative AI serves as a deep domain expert to support information retrieval and interpretation across datasets and improved decision making. About C3.ai, Inc. C3 AI is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 AI Application Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications, C3 AI Applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally, and C3 Generative AI, a suite of domain-specific generative AI offerings for the enterprise. View source version on businesswire.com: https://www.businesswire.com/news/home/20230906643339/en/ Share C3.ai, Inc. is an enterprise artificial intelligence (AI) software company. The Company has developed a software applications that enables its customers to develop, deploy, and operate large-scale Enterprise AI applications across various infrastructure. It provides five families of software solutions: C3 AI Application Platform, C3 AI Applications, C3 AI Ex Machina, C3 AI CRM and C3 AI Data Vision. The C3 AI Application Platform is an application development platform, designed to allow its customers to design, develop, and deploy enterprise AI applications of any type. Its C3 AI Applications, built using the C3 AI Application Platform, include a family of industry-specific and application-specific AI solutions, ready for installation and deployment. Its C3 AI Ex Machina is a no-code solution that provides access to analysis-ready data and enables business analysts without data science training to perform data science tasks, such as building, configuring, and training AI models. Sector

Flint Hills Resources Investments

12 Investments

Flint Hills Resources has made 12 investments. Their latest investment was in RWDC Industries as part of their Series B on May 5, 2020.

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Flint Hills Resources Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/5/2020

Series B

RWDC Industries

$133M

Yes

11

10/15/2019

Series C

Wildcat Discovery Technologies

$20M

Yes

3

6/19/2017

Series E - II

Edeniq

$5M

No

1

1/19/2017

Series E

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$99M

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10

1/4/2016

Series C - II

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$99M

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10

Date

5/5/2020

10/15/2019

6/19/2017

1/19/2017

1/4/2016

Round

Series B

Series C

Series E - II

Series E

Series C - II

Company

RWDC Industries

Wildcat Discovery Technologies

Edeniq

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Amount

$133M

$20M

$5M

$99M

$99M

New?

Yes

Yes

No

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Co-Investors

Sources

11

3

1

10

10

Flint Hills Resources Acquisitions

2 Acquisitions

Flint Hills Resources acquired 2 companies. Their latest acquisition was Southwest Georgia Ethanol on September 05, 2014.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/5/2014

$99M

Acquired

1

5/28/2014

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$99M

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10

Date

9/5/2014

5/28/2014

Investment Stage

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

Flint Hills Resources Partners & Customers

10 Partners and customers

Flint Hills Resources has 10 strategic partners and customers. Flint Hills Resources recently partnered with Gravitate on May 5, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

5/30/2023

Vendor

United States

1

4/20/2020

Partner

United States

1

5/7/2018

Partner

United States

KOCH Newsroom - Innovative Biodiesel Technology To Be Used at Nebraska Plant

Flint Hills Resources , LLC announced today the first commercial-scale use of an innovative biodiesel technology through a joint venture with Benefuel known as Duonix LLC .

1

2/4/2018

Client

United States

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10

4/5/2017

Vendor

United States

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10

Date

5/30/2023

4/20/2020

5/7/2018

2/4/2018

4/5/2017

Type

Vendor

Partner

Partner

Client

Vendor

Business Partner

Country

United States

United States

United States

United States

United States

News Snippet

KOCH Newsroom - Innovative Biodiesel Technology To Be Used at Nebraska Plant

Flint Hills Resources , LLC announced today the first commercial-scale use of an innovative biodiesel technology through a joint venture with Benefuel known as Duonix LLC .

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Sources

1

1

1

10

10

Flint Hills Resources Team

13 Team Members

Flint Hills Resources has 13 team members, including current Senior Vice President, Julie Anderson.

Name

Work History

Title

Status

Julie Anderson

Senior Vice President

Current

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Name

Julie Anderson

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Work History

Title

Senior Vice President

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Status

Current

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Compare Flint Hills Resources to Competitors

A
American Biodiesel

American Biodiesel, dba Community Fuels, is an advanced biofuel producer. The company produces among the highest quality biomass-based diesel fuels available - which qualifies as an Advanced Biofuel through the Environmental Protection Agency (EPA), and its own fuel standard closely mirrors the requirements of multiple major oil companies and exceeds the Federal fuel standard (ASTM Standard).

A
Aerophase

Aerophase, Inc. is a Longmont, CO based company that has received a grant(s) from the Department of Energy's SBIR/STTR program. The abstract(s) for these grant award(s) are provided as well since they provide insights into Aerophase, Inc.'s business and areas of expertise. Biodiesel is a key component in US plans to reduce dependence on foreign oil and decrease the environmental impacts of using fossil fuels—but current feedstocks and production technologies prevent it from being cost-competitive. This project will provide enabling technologies for a costeffective, energy-efficient method of producing biodiesel fuels from a variety of lowercost feedstocks. Biodiesel is a key component in U.S. plans to reduce dependence on foreign oil and decrease the environmental impacts of using fossil fuels—but current production technology is not cost-competitive. This project will provide enabling technologies for a cost-effective, energy-efficient method of producing biodiesel fuels.

R
Renewable Oil International

Renewable Oil International is a Florence, AL based company that has received a grant(s) from the Department of Energy's SBIR/STTR program. The abstract(s) for these grant award(s) are provided as well since they provide insights into Renewable Oil International's business and areas of expertise. The project will produce liquid biofuels from wood biomass resources by fast pyrolysis followed by upgrading of the pyrolysis oils. This research will be a key step towards ending global warming, improving national security, and improving rural economies by reducing our dependence on petroleum feedstocks. Declining petroleum resources, combined with increased demand for petroleum by emerging economies, as well as political and environmental concerns about fossil fuels, are causing our society to search for new sources of liquid fuels. This project will develop a method for conversion of biomass into liquid fuels at a small scale called fast pyrolysis—a process whereby biomass is rapidly converted into a liquid biocrude which can be used for fuel oil or upgraded into gasoline and diesel fuels.

C
Citrine Renewable Energy

Citrine Renewable Energy (CRE) develops systems that cost effectively convert the biogas generated by landfills, waste water treatment plants, and other sources of biological waste into high value natural gas, which can be used to power natural gas vehicles. In addition to reducing emissions of greenhouse gases from landfills and sewage works, CRE's systems enable vehicles that use the fuel it produces to reduce harmful NOx emissions by 50 and particulate matter emissions by more than 70. Truck and bus fleets powered by fuel produced by CRE can also benefit from fuel cost savings as compared to the cost of operating diesel engines.

E
EnerTech Environmental

EnerTech Environmental is a renewable energy company focused on the development and commercialization of clean combustion technologies for biosolids (sewage sludge) and other organic wastes. EnerTech's patented SlurryCarb process aims to cleanly and economically converts high-moisture wastes into a high-grade renewable fuel, with significant cost savings over alternative options. Biosolids and other feedstocks undergo a molecular rearrangement that transforms these high-moisture materials into a renewable fuel suitable for the replacement of fossil fuels. By processing biosolids as a fluid, the technology aims to provide savings in both capital and operating costs. The resulting fuel, called E-Fuel, is a clean, renewable fuel that is an excellent replacement for fossil fuels. As a renewable fuel, E-Fuel produces essentially zero net greenhouse gas emissions.

H
Hawaii BioEnergy

Hawaii BioEnergy (HBE) is actively researching all technically, economically, and environmentally viable processing techniques and distribution channels for a variety of energy crops, including but not limited to sugarcane, woody biomass, and algae.

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