What Par Hawaii Refining does

Par Hawaii Refining, LLC operates Hawaii's only petroleum refinery, a 112-acre facility in Campbell Industrial Park, Kapolei, with a processing capacity of 94,000 barrels per day. The company is a wholly-owned subsidiary of Par Pacific Holdings, Inc. (NYSE: PARR), headquartered in Houston, Texas. Refining operations convert globally sourced crude oil into gasoline, diesel, jet fuel, ship fuel, and fuel oil, supported by 5.2 million barrels of storage capacity and an offshore single point mooring system currently undergoing a $15 million replacement. Finished products are distributed across all major Hawaiian Islands through a vertically integrated network of Oahu-based pipelines, interisland barges, and terminal storage facilities, then sold through company-owned retail stations under the Hele, 76, and nomnom brands, supported by the Kama'aina Rewards loyalty program.

The company is executing a transition into renewable fuels through the Hawaii Renewables joint venture, formed in July 2025 with Mitsubishi Corporation and ENEOS Corporation (collectively holding 36.5% for $100 million). A renewable hydrotreater using HEFA processing and Lutros LLC pretreatment technology is designed to produce approximately 61 million gallons per year of renewable diesel, sustainable aviation fuel (SAF) at up to 60% of output, renewable naphtha, and renewable LPG, reducing greenhouse gas emissions by 40-80% versus conventional fuels. The company also serves as a finalist in Hawaiian Electric's RFP for a 30 MW renewable cogeneration project expected to be operational by 2028. Par Hawaii serves enterprise customers including Hawaiian Airlines and Alaska Airlines (over 200 million gallons of jet fuel consumption annually in Hawaii), Hawaiian Electric, and a broad consumer base of 1.4 million Hawaii residents and 8 million annual visitors, with a team of approximately 660 employees statewide.

Name

Par Hawaii Refining

Legal name

Par Hawaii Refining, LLC

Website

https://parhawaii.com

Company type

Private

Founded year

1972

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Par Hawaii Refining operates Hawaii's only petroleum refinery (94,000 barrels/day capacity) and an integrated distribution network serving the state's 1.4 million residents and 8 million annual visitors, while transitioning into renewable fuels production through a Mitsubishi/ENEOS-backed joint venture.

Ownership category

akta.pro rank

Product category

Petroleum Refining

NAICS

Petroleum Refineries (324110), Petroleum Bulk Stations and Terminals (424710), Petroleum and Coal Products Manufacturing (324)

SIC

Petroleum Refining (2911), Wholesale-Petroleum Bulk Stations & Terminals (5171), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Conversion Refineries (FCC/Hydrocracking/Coking) (EUALAGAB)

akta.pro secondary industries

Refinery Hydrogen & Utilities Systems (SMR/ATR, Steam, Power, Water) (EUALAGAI), Crude Oil Tank Farms & Terminals (TLAGAKAA), Refined Products Tank Farms & Terminals (TLAGAKAB), Liquid Bulk Petroleum Terminals (Crude, Refined Products) (TLAHABAH), Refinery Blending & Product Quality Control (Gasoline/Diesel/Jet Blending, Additives) (EUALAGAJ)

Keywords

• Petroleum refining
• Renewable fuels
• Sustainable aviation fuel
• Fuel distribution
• Retail fuel stations

Headquarters

HQ city

Kapolei

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Petroleum Refining: Operates Hawaii's only petroleum refinery in Kapolei, processing crude oil imported from global sources into refined petroleum products including gasoline, diesel, jet fuel, ship fuel, and fuel oil. Refinery has capacity of 94,000 barrels per day.
2. Fuel Distribution: Distributes refined fuels via pipelines on Oahu and interisland barges to all major islands, with terminal storage facilities across the Hawaiian Islands
3. Retail Fuel Sales: Markets gasoline, diesel, and biodiesel through Hele, 76, and nomnom branded retail stations throughout Hawaii. Operates convenience stores.
4. Renewable Fuels Production: Produces and sells renewable diesel, sustainable aviation fuel (SAF), renewable naphtha, and renewable LPG from renewable hydrotreater facility producing approximately 61 million gallons annually

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Par Hawaii Refining operates Hawaii's only petroleum refinery in Kapolei (94,000 barrels/day capacity), processing imported crude oil into gasoline, diesel, jet fuel, ship fuel, and fuel oil. Through its Hawaii Renewables joint venture with Mitsubishi Corporation and ENEOS Corporation, the company produces approximately 61 million gallons per year of renewable diesel, sustainable aviation fuel (SAF), renewable naphtha, and renewable LPG. Refined and renewable products are distributed via pipelines, interisland barges, and terminal storage across all major Hawaiian Islands, and marketed through Hele, 76, and nomnom branded retail stations.

Product overview

Par Hawaii is an integrated energy company operating Hawaii's only petroleum refinery (94,000 barrels per day capacity in Kapolei) and the state's leading fuel distribution network. The company produces conventional fuels (gasoline, diesel, jet fuel, ship fuel) and is transitioning to include renewable fuels through its Hawaii Renewables joint venture with Mitsubishi and ENEOS. Products are marketed through Hele and 76 retail brands with distribution via pipelines, barges, and tanker trucks statewide. The renewable fuels portfolio includes Sustainable Aviation Fuel (SAF), Renewable Diesel, Renewable Naphtha, and Renewable LPG, producing approximately 61 million gallons annually with potential for up to 60% SAF output.

Differentiator

Problem solved

Functional benefit

Products and services

• Conventional Refining Crude oil refining operations processing approximately 94,000 barrels per day at the Kapolei refinery to produce jet fuel, gasoline, diesel, ship fuel, and fuel oil for Hawaii families and businesses. Operates 24/7 from Campbell Industrial Park in Kapolei.
• Sustainable Aviation Fuel (SAF) Renewable fuel produced from plant-based and waste oils for use in aircraft, designed to produce up to 60% of the renewable facility's output and reduce carbon emissions by up to 80% compared to conventional jet fuel. Sold to commercial airlines including Hawaiian Airlines and Alaska Airlines as launch customers.
• Renewable Diesel Renewable fuel produced from fats, oils, and greases (plant-based and waste oils) for use in power generation, marine, and ground transportation, with 40-80% lower greenhouse gas emissions than conventional diesel.
• Renewable Naphtha Renewable gasoline component also used in Hawaii for power generation and to produce synthetic natural gas.
• Renewable LPG Low carbon liquified petroleum gases produced from renewable feedstocks at the Kapolei facility.
• Logistics and Distribution Fuel distribution via pipelines on Oahu, tanker trucks, interisland barges, and storage terminals on all major islands (Hilo, Kahului, Kamuela, Kawaihae, Kaunakakai, Nawiliwili, Lihue, Sand Island) for bulk fuel delivery to commercial customers and retail stations.
• Kama'aina Rewards Customer loyalty program offering fuel discounts, rewards, and other benefits for Hele and 76 customers in Hawaii, with a mobile app for engagement.
• Hele Retail Brand Retail fuel station and convenience store brand operating throughout Hawaii, offering gasoline, diesel, and biodiesel along with convenience store items.
• 76 Retail Brand Retail fuel station brand operating throughout Hawaii, co-branded with Par Hawaii and offering gasoline and diesel fuels.

Quantifiable outcome

• 40-80% lower greenhouse gas emissions from renewable fuels compared to conventional fuels
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• Hawaiian AirlinescoreStrategic or Co-development Partner · 17 December 2025Hawaiian Airlines partnered with Par Hawaii to develop sustainable aviation fuel in Hawaii. Airline will become launch customer for locally-produced SAF with first deliveries expected Q1 2026. Partnership aims to supply sustainable fuel to approximately 25% of airline's flights in the islands, supporting net-zero carbon emissions goal.
• Alaska AirlinescoreStrategic or Co-development Partner · 17 December 2025Alaska Airlines (sister carrier to Hawaiian Airlines under Alaska Air Group) joined partnership as co-investor in SAF development with Par Hawaii. Airline has goal to achieve net-zero carbon emissions by 2040. Combined airlines consuming over 200 million gallons of jet fuel annually in Hawaii become launch customers for locally-produced SAF.
• Lutros LLCcoreTechnology or Integration · 21 July 2025Lutros LLC provides advantaged pretreatment technology for Hawaii Renewables renewable fuels facility. Technology enables processing of diverse feedstocks including plant oils and waste oils for conversion to renewable diesel, SAF, and other renewable fuels.
• Hawaiian ElectriccoreStrategic or Co-development Partner · 8 December 2023Hawaiian Electric selected Par Hawaii's 30 MW renewable cogeneration project as finalist in request for proposals for firm, renewable-fired electricity generation. Project will be constructed at Kapolei refinery, taking advantage of existing infrastructure and providing local outlet for renewable liquid fuels. Negotiations for offtake agreement expected during 2024.
• Pono Pacific Land ManagementcoreStrategic or Co-development Partner · 7 June 2023Pono Pacific, Hawaii's largest private natural resource conservation company, partnered to develop local sources of vegetable and plant-based oils for renewable diesel and SAF production. Conducting crop trials with Camelina sativa on four islands in partnership with local farms including Aloun Farms, Mahi Pono, and Meadow Gold Dairy. Supported by investment from Alaska Star Ventures.
• Hawaii Agriculture Research CentersupportingStrategic or Co-development Partner · 7 June 2023Research partner conducting Camelina cultivation trials with Pono Pacific to evaluate oil production potential as biofuel feedstock in Hawaii conditions.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• CVR Energy: CVR Energy is a US independent refiner with ~185,000 bpd capacity and renewable diesel exposure. Comparable to Par Hawaii as a smaller-scale independent refiner with selective investment in renewable fuels.
• Neste: Neste is the world's largest producer of renewable diesel and SAF from HEFA and advanced waste feedstocks. Closest pure-play comparable to Par Hawaii's Hawaii Renewables JV in terms of HEFA process technology, feedstock strategy, and SAF customer focus.
• PBF Energy: PBF Energy is an independent US petroleum refiner with ~1 million bpd of capacity across multiple sites. Directly comparable to Par Hawaii as a mid-sized independent refiner navigating the transition to renewable diesel, with similar capex and margin exposure dynamics.
• Valero Energy: Valero is the largest US independent refiner and a major renewable diesel producer through its Diamond Green Diesel joint venture with Darling Ingredients. Closely parallels Par Hawaii's strategy of running a conventional refinery while scaling renewable diesel and SAF from shared infrastructure.
• HF Sinclair (HollyFrontier): HF Sinclair is a US independent refiner with renewable diesel operations and a focus on niche, logistically complex markets. Comparable to Par Hawaii's niche Hawaii position and parallel renewable fuels build-out via hydroprocessing technology.

Broad incumbents

• Marathon Petroleum: Marathon Petroleum is the largest US refiner with ~3 million bpd capacity and growing renewable diesel capacity. Overlaps with Par Hawaii as a US refiner but operates at vastly greater scale across multiple geographies and product lines.
• Phillips 66: Phillips 66 is a major integrated US refiner with renewable fuels initiatives. Comparable in operating refining + renewable fuels strategy, though at significantly larger scale and with broader geographic reach than Par Hawaii's single Hawaii asset.
• Par Pacific Holdings: Par Pacific Holdings is the NYSE-listed parent company of Par Hawaii, owning additional refining and retail assets in Wyoming, Washington, and Montana plus a stake in Laramie Energy. Provides consolidated context but operates broader than Par Hawaii's Hawaii-only footprint.

Regional players

• Idemitsu Kosan: Idemitsu is a major Japanese refiner and renewable fuels producer, partnering in Asia-Pacific energy projects. Comparable to Par Hawaii's Japanese partnership structure with Mitsubishi and ENEOS and shared interest in Pacific Basin energy supply chains.

Emerging players

• World Fuel Services: World Fuel Services is a global aviation, marine, and land fuel distributor with significant Pacific operations including Hawaii. Comparable to Par Hawaii's jet fuel and marine bunker supply business and interisland distribution network, though without refining assets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Par Hawaii Refining