Delek Renewables LLC 7102 Commerce Way , Brentwood, Tennessee, United States

Founded in 2001, Delek US Holdings, Inc. (NYSE: DK) is a downstream energy company with assets in petroleum refining, logistics, convenience stores, asphalt, and renewables. We are proud of our culture of excellence, strong financial position and track record of growth. And we are committed to creating exceptional value for our customers and shareholders.

History

Since Delek’s inception in 2001, our strategic vision has been to merge the acquisition savvy of a private equity firm with the management and operational expertise of seasoned energy industry veterans. The result is a company that has become one of the more active acquirers of downstream energy assets. Our success, however, has not been solely the result of an opportunistic acquisition strategy. Our growth has hinged greatly on the ability of management to consistently enhance the efficiency and profitability of purchased assets. The good news for our shareholders is that we’re just getting started.   Since 2001, we have completed multiple acquisitions in the refining, marketing/logistics, and convenience store industries. The merging of assets from across the downstream energy supply chain has positioned us to benefit from a diversified revenue base. By leveraging the synergies, scalability, and operational efficiencies that overlap throughout our asset portfolio, we can create opportunities through the business cycle.

Our Values

We are proud of the Delek culture, which drives our success as a company. Our culture is made up of six core values that define who we are and guide our long- and short-term approach to business.

• We ensure the health and safety of our employees and the communities in which we operate, while going beyond the legal requirements to provide an accident-free workplace.
• We act with honesty and honor without compromising the truth.
• We operate with intention and recognize that the ultimate measure of a company’s success is the extent to which it enriches employees, customers, and shareholders.
• We assume new responsibilities to position the organization and its employees to achieve new heights.
• We have an intense desire to go beyond what is expected and takes great pride in achieving exceptional outcomes.
• We are committed to our employees, the environment, and communities in which we operate while delivering great products, services, and other initiatives that impact lives within and outside the organization.

Operations

Our refineries and retail stores are concentrated in the south and southwest United States. The reach of our operations, however, extends throughout the country through our network of logistics hubs and refined product marketing business, and continues to expand with our growing operations.  Our four inland refineries serve local markets around them as well as various regional markets, including portions of Mexico, through our logistics network and select third-party pipelines.  Our refinery system sources approximately 70% of its crude oil from the Permian Basin, via a combination of third-party and Delek pipelines. To make the most of our access to the Permian Basin, we are expanding our Big Spring crude oil gathering operations focused in this area.

Corporate Governance

At Delek US Holdings, we are committed to maintaining the highest ethical standards in the management of our businesses. Our Board governance guidelines, code of business conduct and ethics and Board committee charters are each components of a broader corporate commitment to protecting the best interests of our shareholders and our key stakeholders who, having entrusted us with the task of long-term value creation, rely on us to support a corporate culture that rewards accountability and our adherence to the fiduciary duties required of those managing a world-class organization. By encouraging a high degree of operational transparency and strong corporate governance, we seek to engender a culture of personal and collective responsibility at work and in the communities in which we live.

Renewables

There is increased demand projected for biodiesel, and our three biodiesel plants serve as strong assets in a growing renewable industry. Our plants are capable of producing approximately 40 million gallons of biodiesel a year. Located in Cleburne, Texas, Crossett, Arkansas, and New Albany, Mississippi. Delek Renewables utilizes a wide variety of waste stream feedstocks in used cooking oil, poultry fat, beef tallow, and choice white grease (hog fat) as well as vegetable oils such as soybean and canola oil.

Social Commitment

Delek strives to be a good and responsible partner to all our stakeholders and a positive force in the communities where we operate. We conduct our businesses in a manner that protects the environment and the health and safety of our employees, customers, contractors and the public. We also volunteer our resources and talents to address pressing needs and improve quality of life in our communities.