3D Metalforge announced that it has signed a commercial agreement with subsidiaries1 of Par Pacific Holdings Inc. (Par Pacific) to supply a range of additively manufactured parts such as impellers, sleeves and similar parts to Par Pacific's three US-based refineries. This step builds on the successful 2021 field trial with Par Pacific. As part of the agreement, 3D Metalforge will begin working with Par Pacific to identify and produce a range of additively manufactured parts that will be supplied based on Par Pacific's operational spare part requirement. The agreement represents an important step in expanding the current relationship with Par
Pacific with a potential value of up to AUD 400,000 p.a. The agreement is exclusive, but there is no minimum order value and the exact value of the contract will depend upon the operational requirements of Par Pacific during the period of the agreement, with the estimated value of the agreement based on operational requirements in 2021.