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Lion Oil Company is a private corporation engaged in refining and production of oil, gasoline, and oil-based products. It also manufactures asphalt, industrial solvents and roofing materials. [1] It also operates a gathering and transportation system that moves oil products in interstate commerce. [2] The company is based in Arkansas.
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Delek's logistics segment gathers, transports, and stores crude oil, as well as markets, distributes, transports and stores refined product in West Texas and the Southeast U.S. These operations serve as the logistics arm of Delek's company, primarily providing support for Delek's refining operations, while also serving third parties.
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In 2011, Delek US acquired one hundred percent ownership of Lion Oil, [16] which was previously a subsidiary of the Jackson, Mississippi-based Ergon Inc. In the same year, the company acquired ownership interest in the Red River Pipeline Company, LLC for $128.0 million.
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