Koch Industries and the Fred and Mary Koch Foundation are giving $11.25 million to Wichita State University, the largest single-time gift in university history. University leaders said the money will create a significant impact on education, local entrepreneurship, jobs and south-central Kansas economics.
Flint Hills Resources, a subsidiary of Koch Industries, is buying PetroLogistics, a major producer of propylene with operations in the vicinity of the Houston ship channel, according to a news release issued by Koch and Flint Hills Resources.
Koch Agronomic Services, an affiliate of Koch Fertilizer that specializes in advanced formula fertilizers, is buying the assets of Agrium Advanced Technologies, which is in the horticulture, turf grass, consumer lawn and garden and specialty agriculture industries.
A group supporting the political views of retired billionaire investor Tom Steyer bought a full-page color advertisement Friday in The Wichita Eagle — the Koch brothers’ hometown newspaper — inviting the brothers to a public debate on climate change.
Charles Koch, who runs Koch Industries and contributes to political groups and campaigns, said he will launch a new campaign on Wednesday to laud economic freedom and warn the public about government overreach.
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