ST. PAUL, Minn., Feb. 15, 2012 /PRNewswire/ -- CHS Inc. (NASDAQ: [ CHSCP ]), the nation's leading farmer-owned cooperative, announced today that Jim Loving has been named senior vice president for Refining, Pipelines and Terminals, effective April 2.

(Photo: [ http://photos.prnewswire.com/prnh/20120215/CG54176-a ])

(Photo: [ http://photos.prnewswire.com/prnh/20120215/CG54176-b ])

Loving will be responsible for CHS Energy refining operations, pipelines and terminals and will continue in his current role as president of the National Cooperative Refinery Association (NCRA), McPherson, Kan.

On Dec. 1, 2011, CHS announced it had reached agreement with the two minority owners of NCRA to transfer full ownership of the petroleum refiner to CHS, currently its majority shareholder. The transaction will be completed Sept. 1, 2015.

Loving will relocate to CHS headquarters in St. Paul and report to Jay Debertin, executive vice president and chief operating officer, Energy and Foods. Debertin also serves as chairman of the NCRA board of directors.

Dan Knepper, senior vice president, Energy Operations, who is currently responsible for leading CHS Laurel, Mont., refinery operations, has announced his retirement, effective April 2, after 30 years of service to the company.

In announcing Loving's new role at CHS, Debertin said, "Jim brings to CHS a wealth of experience in refining, pipelines and terminal operations, along with a solid record of success. His deep knowledge of the refining industry and leadership experience will help CHS achieve its energy aspiration of being a leading provider of energy to rural America and adding value for our member cooperative owners and customers."

Loving has more than 25 years experience in refinery operations. He joined NCRA in 1993 and has served as its president since 1999. Prior to joining NCRA, he held positions at Sinclair Oil Corp. and Conoco, Inc. Loving serves on the boards of directors for Jayhawk Pipelines LLC, Osage Pipeline Company, and Kaw Pipeline Company.

He holds a bachelor's degree in civil engineering from the University of Wisconsin and an MBA from the University of Utah.

CHS Inc. ([ www.chsinc.com ]) is the nation's leading cooperative, owned by farmers, ranchers and co-ops across the United States. A diversified energy, grains and foods business and a Fortune 100 company, CHS is committed to providing the essential resources that enrich lives around the world. CHS supplies energy, crop nutrients, grain, livestock feed, food and food ingredients, along with business solutions including insurance, financial and risk management services. The company operates petroleum refineries/pipelines and manufactures, markets and distributes Cenex® brand refined fuels, lubricants, propane and renewable energy products. CHS preferred stock is listed on the NASDAQ at CHSCP.

This document contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that are based on management's current expectations and assumptions. These forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from the potential results discussed in the forward-looking statements. The company undertakes no obligations to publicly revise any forward-looking statements to reflect future events or circumstances. For a discussion of additional factors that may materially affect management's estimates and predictions, please view the CHS Inc. annual report filed on Form 10-K for the year ended Aug. 31, 2011, which can be found on the Securities and Exchange Commission web site ([ www.sec.gov ]) or on the CHS web site [ www.chsinc.com ].

SOURCE CHS Inc.

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Loving Named to Lead CHS Energy Refining, Pipelines and Terminals

Loving Named to Lead CHS Energy Refining, Pipelines and Terminals