US' Par Pacific Holdings plans to increase third-quarter refinery run rates over record second-quarter levels to meet an ever-strengthening distillate market, CEO William Pate said on Aug. 9. "While gasoline cracks have declined materially, distillate cracks remain strong and we have the highest distillate yield in the industry. Almost 60% of our product sales are indexed to distillate markets," he said on the Q2 results call.
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