About PBF Energy
PBF Energy (“PBF”) is one of the largest independent petroleum refiners and suppliers of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products in the United States. The company is headquartered in Parsippany, NJ and currently owns and operates five domestic oil refineries and related logistics assets featuring a combined processing capacity of approximately 884,000 barrels per day (bpd), and a weighted average 12.2 Nelson Complexity Index, an indicator of a refinery’s ability to process a wide range of crude oils into products.
In addition to Torrance, PBF Energy subsidiaries own and operate refineries located in Delaware, Louisiana, New Jersey and Ohio.
Our Gulf Coast refinery in Chalmette was acquired by PBF Energy in 2015 and is located just outside New Orleans, Louisiana. Chalmette is a 189,000 barrel per day, dual-train coking refinery with a Nelson Complexity of 12.7, capable of processing both light and heavy crude oils. The plant is strategically positioned on the Gulf Coast with strong logistics connectivity that offers flexible raw material sourcing and product distribution opportunities, including the potential to export products.
Our East Coast refineries at Delaware City and Paulsboro have combined refining capacity of 370,000 bpd and Nelson Complexity Indices of 11.3 and 13.2, respectively. These high-conversion refineries process primarily medium and heavy, sour crudes and have historically received the bulk of their feedstock via ships and barges on the Delaware River but have the capability to receive crude shipments via rail into crude rail unloading facilities at our Delaware City refinery.
Our Midcontinent refinery in Toledo processes light, sweet crude and has a throughput capacity of 170,000 bpd, with a Nelson Complexity Index of 9.2. The majority of Toledo’s West Texas Intermediate or WTI-based crude is delivered via pipelines that originate in both Canada and the United States. Since our acquisition of Toledo in 2011, we have added additional crude unloading capabilities that provide feedstock sourcing flexibility for the refinery and enables Toledo to run a more cost-advantaged crude slate.
PBF Energy owns 49.5% of PBF Logistics LP (NYSE: PBFX), which is also headquartered in Parsippany. PBF Logistics is a fee-based, growth-oriented master limited partnership formed by PBF Energy to own or lease, operate, develop and acquire crude oil and refined petroleum products, terminals, pipelines, storage facilities and similar logistics assets.
About Torrance Refinery
The Torrance Refinery was purchased in July 2016 and is the newest addition to PBF Energy’s portfolio. The refinery has more than 600 employees and another 400-500 contractors work there on a daily basis, and covers 750 acres in Torrance, CA.
Torrance features modern refining technologies that produce a range of products that provide consumers with the highest standards of living and mobility in history, including the cleanest-burning gasoline and diesel fuel in the United States, along with aviation fuels and other products. The refinery is capable of processing an average of 155,000 barrels of crude oil daily and producing 1.8 billion gallons of gasoline per year, which represents nearly 10 percent of the gasoline demand in California.
In addition to blending three grades of gasoline, Torrance produces diesel fuel, jet fuel, liquefied petroleum gases (LPGs), coke and sulfur. The refinery ships products to customers via a series of proprietary pipelines and terminals throughout the region via truck, rail, barges, and ships.
With its highly-skilled workforce, modern refining technology, and a network of pipelines and terminals, Torrance provides the energy that keeps Californians on the move, fueling cars, trucks, buses, trains, boats, and planes. This network includes a pipeline from the refinery directly to Los Angeles International Airport, helping facilitate air travel out of the nation’s third busiest airport.