@pbfenergy.com
With state-of-the-art refining facilities and a skilled workforce, PBF Energy works to always offer a wealth of experience and expertise across all operations
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PBF Energy is an American petroleum refining and marketing company based in Parsippany, New Jersey. It was founded in 2008 as a joint venture between Petrobras America Inc. The company operates a diverse portfolio of refining assets across the United States.
The headquarters of PBF Energy is located in Parsippany, New Jersey. It serves as the central hub for the company's executive and administrative functions. PBF Energy mainly focuses on refining crude oil and producing a range of refined petroleum products.
Its refineries have a combined processing capacity of approximately 900,000 barrels per day. The company's products include gasoline, diesel fuel, jet fuel, heating oil, and petrochemicals. PBF Energy has a significant presence in the global market through its subsidiaries and joint ventures.
It operates five refineries located in Delaware, Louisiana, New Jersey, Ohio, and California. Additionally, the company has joint ventures in the Netherlands and Saudi Arabia. PBF Energy's subsidiary, Paulsboro Refining Company, owns and operates the Paulsboro refinery in New Jersey.
In terms of market position, PBF Energy is one of the largest independent refiners in North America. It has established itself as a key player in the refining industry, competing with major integrated oil companies. PBF Energy's strategic locations and efficient operations contribute to its competitive advantage in the market.
Over the years, PBF Energy has undergone several strategic acquisitions and expansions to enhance its growth. In 2010, the company acquired the Delaware City refinery from Valero Energy Corporation. In 2016, PBF Energy completed the acquisition of the Torrance refinery in California from ExxonMobil.
As of the latest updates, PBF Energy continues to focus on optimizing its refining operations and expanding its presence in the market. The company remains committed to delivering high-quality products and maintaining operational efficiency to drive growth and shareholder value. In conclusion, PBF Energy is a prominent American petroleum refining and marketing company with a diverse portfolio of refining assets.
With its global operations, strategic partnerships, and acquisitions, the company has established a strong market position. PBF Energy continues to strive for growth and remains a key player in the refining industry
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