PRESS RELEASE: Navajo Refining Company Awards Contract To KP Engineering

KP Engineering to design and construct a 17,000 bpsd hydrotreater at Navajo Refinery

Tyler, TX, October 6, 2015– KP Engineering, LP of Tyler, Texas (KPE) announced today that it had been awarded a fixed price contract from Navajo Refining Company, L.L.C., a subsidiary of HollyFrontier Corporation, to perform detailed engineering, procurement, and construction (EPC) of a new Gasoline Hydrotreater at the Navajo Refinery in Artesia, New Mexico. KPE will perform EPC of both the inside battery limits and outside battery limits portions of the project.

William Preston, President and COO of KPE commented, “We are pleased to have this opportunity to execute another key project for HollyFrontier Corporation, who is among our most valued clients”.

The new hydrotreater will have a capacity of 17,000 barrels per stream day and will utilize the Prime-G+™ process, licensed from Axens North America, Inc. The unit is designed to reduce sulfur content of the refinery’s gasoline pool and is a key component of Navajo’s strategy for clean transportation fuels. Unit startup is scheduled for the first quarter of 2017.

Jim Stump, Senior Vice President, Refining for HollyFrontier stated, “Having developed a great relationship with KPE, we were able to negotiate a turn-key project that saved substantial time for this project”.

KP Engineering and its predecessor have executed multiple projects for HollyFrontier Corporation and its subsidiaries since 2004.

KP Engineering
KP Engineering, LP, based in Tyler, Texas, provides value-based EPC solutions to clients in the refining, midstream, chemical, and syngas industries. KPE combines technical expertise and deep experience with an integrated engineering and project management approach to deliver cost effective projects to markets such as domestic refiners, natural gas processors, chemical manufacturers, and terminal and pipeline owner-operators. KPE provides a full range of EPC services and specializes in fixed-price contracting.

Axens
Axens, www.axens.net, an IFP Group affiliate, is an international provider of advanced technologies, catalysts, adsorbents and services, with a global reputation for basic engineering design excellence. The main scope of Axens' business is focused on the conversion of oil, coal, natural gas and biomass to clean fuels as well as production and purification of major petrochemical intermediates. Axens’ global offer is based on: highly trained human resources, modern production facilities and extensive commercial feedback from plants using our processes and catalysts all around the world.