Koch brothers what do they own

Clarke wsj. To Read the Full Story. Subscribe Sign In. Continue reading your article with a WSJ membership. OPD has been the general contractor on some of the largest natural gas plants built in the U.

Koch Knight LLC and its affiliates are leaders in acid proof solutions. The companies offer construction, engineering and services through a global network of manufacturing and outsourcing facilities. Their products, made from state-of-the-art ceramics and plastic materials, are available worldwide. Invista provides the resources and know-how to deliver world-scale technology for licensing to a growing portfolio of technologies in the polyester, polyurethane and nylon value chains.

Source: kochind. Koch Industries emits 24 million metric tons of greenhouse gases a year. See detailed emissions breakdowns: peri. Source: sourcewatch. Source: kochcash. Petroleum coke a byproduct of tar sands refining has been irritating numerous residents in both Chicago and Detroit.

The ever growing piles await processing, but refineries cannot keep up with the quantity. Source: thinkprogress. A routine aerial inspection found Koch Pipeline Co. Source: newsminer. A federal jury found that Koch Industries had stolen oil from government and American Indian lands and had lied about its purchases more than 24, times. Source: wikipedia. Source: justice. March Koch petroleum which operates a refinery in Rosemount, Minn.

This is the largest federal environmental fine ever paid in Minnesota. Koch admitted that it negligently discharged , — , gallons of aviation fuel into a wetland and an adjoining waterway. In addition, their way of recovering the fuel a year and a half later destroyed a portion of the surrounding ecosystem and wildlife habitat. In a separate offense, Koch dumped a million gallons of wastewater with high ammonia content on the ground between November and March and also increased its flow of wastewater into the Mississippi River on weekends when no one monitored discharges.

These actions allowed Koch to circumvent the weekly monitoring and reporting requirements of its wastewater discharge permit. Two teenagers on the way to report the leak drove into the unseen butane cloud, and were killed when the gas exploded and burned. The National Transportation Safety Board concluded that severe external pipeline corrosion was the cause of the failure.

The Koch Brothers jumped on that band wagon right away and mailed out lists of Koch supported candidates to their 50, employees during the last election. See info and a copy of a recommended election packet at thenation. They give as long as they can pick the teachers. It is a university-based research center that makes its research findings available to the media and public policy makers. According to GreenPeace the Mercatus Center has received over 10 million dollars worth of funding from the Koch Brothers.

Mercatus also fights environmental regulation, opposes clean energy legislation and lobbys to prevent curbs on industrial pollution. Sources: greenpeace. This report from the show The Young Turks explains that the Koch Brothers are backing a new organization trying to stop the rising tide of electric vehicle adoption.

This would hurt petroleum producers like the Koch Brothers. The group is likely to run ads attacking the subsidies given to electric cars. The Republican Party chose poorly early in the history of America.

Now they would spend millions in efforts to influence — and ultimately take over — the GOP. The work began close to home; the Kochs had become dedicated patrons of Sen. Arizona Sen. In the early s, in a high-profile initiative of the first-term Clinton White House, the administration was pushing for a levy on the heat content of fuels. Known as the BTU tax, it was the earliest attempt by the federal government to recoup damages from climate polluters. But Koch Industries could not stand losing its most valuable subsidy: the public policy that allowed it to treat the atmosphere as an open sewer.

Koch entered the s on a pipeline-buying spree. By , its network measured 37, miles. According to sworn testimony from former Koch employees, the company operated its pipelines with almost complete disregard for maintenance. For Charles, MBM — first communicated to employees in — was an attempt to distill the business practices that had grown Koch into one of the largest oil businesses in the world.

To incentivize workers, Koch gives employees bonuses that correlate to the value they create for the company. To prevent the stagnation that can often bog down big enterprises, Koch was also determined to incentivize risk-taking. On paper, MBM sounds innovative and exciting. Applying MBM to pipeline maintenance, Koch employees calculated that the opportunity cost of shutting down equipment to ensure its safety was greater than the profit potential of pushing aging pipe to its limits.

It would take away from our profit margin. When small spills occurred, Dubose testified, the company would cover them up. Before the worst spill from this time, Koch employees had raised concerns about the integrity of a s-era pipeline in South Texas. But the company not only kept the line in service, it increased the pressure to move more volume. When a valve snapped shut in , the brittle pipeline exploded. More than 90, gallons of crude spewed into Gum Hollow Creek, fouling surrounding marshlands and both Nueces and Corpus Christi bays with a mile oil slick.

By , the EPA had seen enough. It sued Koch for gross violations of the Clean Water Act. It was also violating federal environmental law in other corners of the empire. Through much of the s at its Pine Bend refinery in Minnesota, Koch spilled up to , gallons of jet fuel into wetlands near the Mississippi River. This facility had already been declared a Superfund site in In , Koch was hit with a count indictment over claims it violated the Clean Air Act by venting massive quantities of benzene at a refinery in Corpus Christi — and then attempted to cover it up.

According to the indictment, Koch filed documents with Texas regulators indicating releases of just 0. But the government alleged that Koch had been informed its true emissions that year measured 91 metric tons, or 15 times the legal limit. By the time the case came to trial, however, George W. Bush was in office and the indictment had been significantly pared down — Koch faced charges on only seven counts.

Seventeen years old, with long chestnut hair, Danielle began to feel nauseated. The Smalleys were too poor to own a telephone. As they drove away, the truck stalled where the driveway crossed a dry creek bed.

Danielle cranked the ignition, and a fireball engulfed the truck. Unknown to the Smalleys, a decrepit Koch pipeline carrying liquid butane — literally, lighter fluid — ran through their subdivision. Installed in the early Eighties, the pipeline had been out of commission for three years. When Koch decided to start it up again in , a water-pressure test had blown the pipe open.

Koch repaired only 80 of the defects — enough to allow the pipeline to withstand another pressure check — and began running explosive fluid down the line at high pressure in January Charles Koch had made it clear to managers that they were expected to slash costs and boost profits.

He declined to comment for this story. The reality was far different. Charles has since committed Koch Industries to obeying federal regulations. Then George W. Bush entered the White House in , his campaign fattened with Koch money. When Koch Industries purchased Invista in , the conglomerate merged the polymers subsidiary with its existing KoSa subsidiary in order to create a new company under the Invista name.

The company counted nearly , products in its catalog in and had more than 35, employees in 15 countries. Molex creates electronics to solve technical problems in electric cars, robotic surgery, and even the Mars Exploration Rover.

The company is also involved in fiber optics, smartphones, and defense applications. With about 80 years of history, Molex has been a critical part of the development of some of the most prominent technologies of today, including the first cell phones, HDTVs, and car radios.

The annual revenues from Koch Industries, making it one of the biggest private companies in North America. It uses its expertise in market analysis, purchasing, hedging , and energy logistics to provide comprehensive services to other companies. Lastly, Koch Methanol is a methanol supplier. It was originally established to fulfill the needs of Koch Industries subsidiaries, but it now works with other companies as well. The pipelines transport oil and refined petroleum, as well as natural gas.

Koch Pipeline Company operates approximately 4, miles of pipeline in six U. Koch Industries also holds a variety of smaller subsidiaries as well as the major brands already mentioned. The Matador Cattle Company operates three ranches with 12, head of cattle, for instance, while the Koch brothers have their name on a variety of other subsidiary brands.

Koch Industries. Flint Hills Resources. Accessed Sept. Koch Newsroom. Guardian Industries. Global Locations. Company Profiles. Your Privacy Rights.