Earlier this month, HollyFrontier Corporation (“HollyFrontier”) announced they have entered into definitive agreements under which HollyFrontier and Holly Energy Partners (“HEP”) will acquire Sinclair Oil Corporation and Sinclair Transportation Company from The Sinclair Companies (“Sinclair”). Through this agreement, HollyFrontier will form a new parent company named HF Sinclair Corporation, which will replace HollyFrontier as the public company trading on the NYSE.
On the supply side, the industry continues to deal with numerous challenges and shortages. While we continue to be proud of the way our team has strategically navigated the current environment, we understand that it has not been without some complication. As communication is always critical during times like these, your district sales manager is committed to staying in close contact with you with relevant updates. We remain committed to taking care of our base business and the distributors that have partnered with us over the years. We look forward to coming out of this phase with even stronger, mutually beneficial partnerships.
Thank you for your ongoing support and trust.
Sales Director- U.S.