Par Pacific Holdings highlights refining growth, renewables expansion, and strategic joint venture in latest investor presentation
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Par Pacific Holdings Inc. presented its recent business developments, highlighting a refining capacity of 219,000 barrels per day and an integrated logistics network. The company announced a joint venture, Hawaii Renewables, with Mitsubishi and ENEOS, focusing on renewable fuels with a capacity of 61 million gallons per year. Par Pacific holds a 63.5% stake, while Mitsubishi and ENEOS contributed $100 million for a 36.5% stake. The project aims to supply sustainable aviation fuel and renewable diesel.
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