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Par Pacific Announces Significant Investment in Hawaii Renewable Fuels Production

4/28/2023

Par Pacific Holdings- Press Release   Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today announced it plans to invest approximately $90 million to develop the state’s largest liquid renewable fuels manufacturing facility at its Kapolei refinery. The project relies on the Kapolei refinery’s highly experienced operating team, existing tank storage and related logistics, as well as available hydrogen from current refining operations, a key requirement for low-carbon renewable fuels production. As a result, this project is expected to be completed for less than $1.50 per gallon of annual operating capacity and is expected to be commissioned in 2025. The unit can pro

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