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Holly Corporation Selects Engineer for ULSD Project in Oklahoma

SUGAR LAND--November 4, 2009--Researched by Industrial Info Resources (Sugar Land, Texas)--Holly Corporation (NYSE:HOC) (Dallas, Texas) has selected The Benham Companies LLC (Oklahoma City, Oklahoma) to perform preliminary design for an ultra-low-sulfur diesel (ULSD) project at a newly acquired refinery in Tulsa, Oklahoma. Holly is planning to purchase Sinclair Oil Corporation's (Salt Lake City, Utah) Tulsa refinery for $128.5 million and expects to close on the sale by the end of the year.

Other companies featured: ConocoPhillips (NYSE:COP)

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Industry Segment: Petroleum Refining
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