0001104659-14-053152.txt : 20140724 0001104659-14-053152.hdr.sgml : 20140724 20140724090722 ACCESSION NUMBER: 0001104659-14-053152 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20140724 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20140724 DATE AS OF CHANGE: 20140724 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PetroLogistics LP CENTRAL INDEX KEY: 0001523733 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS CHEMICAL PRODUCTS [2890] IRS NUMBER: 452532754 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35529 FILM NUMBER: 14990222 BUSINESS ADDRESS: STREET 1: 600 TRAVIS STREET STREET 2: SUITE 3250 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713-255-5990 MAIL ADDRESS: STREET 1: 600 TRAVIS STREET STREET 2: SUITE 3250 CITY: HOUSTON STATE: TX ZIP: 77002 8-K 1 a14-17661_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): July 24, 2014

 

Flint Hills Resources Houston Chemical, LLC

(formerly known as PL Propylene LLC and as successor by merger to PetroLogistics LP)
(Exact name of registrant as specified in its charter)

 

Delaware

 

001-35529
333-190106

 

20-8366084

(State or other jurisdiction
of incorporation or organization)

 

(Commission
File Number)

 

(IRS Employer
Identification No.)

 

4111 E. 37th St. North
Wichita, Kansas 67220-3203

(Address of principal executive office) (Zip Code)

 

(316) 828-5000
(Registrants’ telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

Item 8.01 Other Events.

 

On July 24, 2014, Flint Hills Resources Houston Chemical, LLC (the “Company”) issued a press release with respect to the previously announced solicitation of consents from holders of the outstanding 6.25% Senior Notes due 2020 issued by PetroLogistics LP, a predecessor to the Company, and FHR Houston Chemical Finance Corp., formerly known as PetroLogistics Finance Corp.

 

A copy of the press release is filed as Exhibit 99.1 hereto and incorporated by reference herein.

 

Item 9.01. Financial Statements and Exhibits

 

Number

 

Exhibit

99.1

 

Press Release dated July 24, 2014

 

2



 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

FLINT HILLS RESOURCES HOUSTON CHEMICAL, LLC

 

 (as successor to PetroLogistics LP)

 

 

 

 

 

 

 

By:

/s/ Alan D. Hallock

 

 

Alan D. Hallock Secretary

 

 

 

 

 

 

Date: July 24, 2014

 

 

 

3



 

EXHIBIT INDEX

 

Number

 

Exhibit

99.1

 

Press Release dated July 24, 2014

 

4


EX-99.1 2 a14-17661_1ex99d1.htm EX-99.1

Exhibit 99.1

 

PRESS RELEASE

 

FLINT HILLS RESOURCES HOUSTON CHEMICAL ANNOUNCES EXPIRATION OF CONSENT SOLICITATION RELATING TO THE 6.25% SENIOR NOTES DUE 2020

 

HOUSTON, Texas, July 24, 2014 /PRNewswire/ — Flint Hills Resources Houston Chemical, LLC (the “Company”) today announced that as of 5:00 p.m., New York City time, on July 23, 2014, the previously announced solicitation of consents (the “Consent Solicitation”) from holders of the outstanding 6.25% Senior Notes due 2020 (the “Notes”) issued by PetroLogistics LP, a predecessor to the Company (“PetroLogistics”), and FHR Houston Chemical Finance Corp., formerly known as PetroLogistics Finance Corp. (“Finance Corp.” and together with the Company, the “Issuers”), to approve amendments (the “Proposed Amendments”) to the indenture relating to the Notes (the “Indenture”) had expired without the Issuers receiving the requisite consents for the Proposed Amendments.  The Consent Solicitation has not been further extended.

 

The Proposed Amendments would have amended Section 4.03 of the Indenture to replace the requirement that the Company file reports with the Securities and Exchange Commission with a requirement that the Company provide holders of the Notes with a specified set of information that is more typical of debt securities issued in a Rule 144A-for-life transaction.  The Proposed Amendments would also have amended Section 5.01(a) of the Indenture to remove the prohibition on the consolidation or merger of Finance Corp. with or into an entity that is not a corporation.

 

About Flint Hills Resources Houston Chemical

 

Flint Hills Resources Houston Chemical (formerly known as PL Propylene and successor by merger to PetroLogistics) is a major producer of propylene with operations in the vicinity of the Houston Ship Channel.  The company owns and operates the only propane dehydrogenation facility in the US, and its plant is among the largest of its kind in the world. The facility began operations in 2010 and has an annual production capacity of approximately 1.45 billion pounds.  Propylene is one of the basic petrochemical building blocks that is used in the manufacture of a variety of end products, including paints, coatings, building materials, clothing, automotive parts, packaging and a range of other consumer and industrial products. The facility employs about 100 people.

 

Media Contact:

 

Jake Reint
Director, Public Affairs
Corporate and Midwest Refining and Petrochemical Sites

OFFICE PHONE: 651-438-1331