Biofuel Company Committed to Storage Tank Repairs
by Tom Callis (Hawaii Tribune-Herald) A company that wants to import biofuel through Hilo Harbor plans to resume refurbishing storage tanks at a former asphalt plant by February, its founder said.
Chuck Barker of Hoku Kai Biofuels said the company is going through restructuring, with a new board and group of investors joining. Site work should resume after that is finalized, he said.
The company plans to use an existing 10-inch pipe to transport fuel from the harbor to storage tanks on the mauka side of Kalanianaole Avenue. The pipe and tanks previously were used by Shell Oil.
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The tanks would store 1.2 million gallons of biofuel and should be complete in September. He said that work is about 40 percent finished.
After that, imports could begin a year from now, Barker said.
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Biofuel could be used for transportation or sold to Hawaii Electric Light Co. for energy use, Barker said. He said no agreements will be made until the company is ready to import. READ MORE