-- Leading New Jersey Companies:
PBF Energy
|
|
* Home
|
* Advance * Automatic Data Processing * Becton Dickinson
* Bed, Bath & Beyond * Chubb * Church & Dwight * Cognizant Technologies * Dun & Bradstreet * Goya * Honeywell International * Horizon Blue Cross * IDT * Hackensack Meridian * Hovnanian * Investors Bank * Johnson & Johnson * Mars * Merck * NJM Insurance * NRG Energy * PBF Energy * Provident Bank * Prudential * Quest * Quick Chek * RWJBarnabas * PSEG * TD Bank * Valley National Bank * Wakefern Food 
PBF Energy
Headquarters: Parsippany Web Site: www.pbfenergy.com Financial reports Press releases Employment Thomas J. Nimbley Chairman & CEO One of largest independent petroleum refiners and suppliers in US of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants and other petroleum products> Formed 2008 as joint venture by Petroplus Holdings, a Swiss-based oil refiner, and private equity companies Blackstone Group and First Reserve, each committing $667 million in equity, with Petroplus selling its stake to its partners in 2010 for $91 million as PBF acquired Paulsboro NJ refinery from Valero Energy> December 2012 $533 million initial public offering, traded on NY Stock Exchange, $16 billion in 2016 revenues, ranked #172 on 2017 Fortune 500 largest US public company list> Currently owns and operates five domestic oil refineries (including one in Paulsboro) and related assets, other locations in CA, DE, LA, and OH)> Also owns 49.5% of PBF Logistics LP, headquartered in Parsippany, fee-based master limited partnership formed to own or lease, operate, develop and acquire crude oil and refined petroleum products, terminals, pipelines, storage facilities and similar logistics assets> Paulsboro refinery with 500 employees located on 950 acres on NJ shore of Delaware River just south of Philadelphia, processes variety of medium and to heavy sour crude and base oils and predominantly produces gasoline, heating oil and aviation jet fuel, along with asphalt and petroleum coke> Paulsboro origins from 1917 plant to manufacture lubricating oil, later acquired by Mobil Oil, which also operated research laboratory on site, innovations included first continuous two-stage fractioning unit and first commercial catalytic cracking unit. 
Paulsboro Refinery Image: Pinterest.com
* Advance * Automatic Data Processing * Becton Dickinson
* Bed, Bath & Beyond * Chubb * Church & Dwight * Cognizant Technologies * Dun & Bradstreet * Goya * Honeywell International * Horizon Blue Cross * IDT * Hackensack Meridian * Hovnanian * Investors Bank * Johnson & Johnson * Mars * Merck * NJM Insurance * NRG Energy * PBF Energy * Provident Bank * Prudential * Quest * Quick Chek * RWJBarnabas * PSEG * TD Bank * Valley National Bank * Wakefern Food |