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PBF Energy Announces Sale Of Terminal Assets For $175M

Benzinga·05/01/2025 10:56:47
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On April 30, 2025, the Company, through a subsidiary of PBF Logistics LP, entered into an agreement to sell two of its refined product terminal facilities located in Philadelphia, PA and Knoxville, TN for $175 million. The combined assets include 38 storage tanks with approximately 1.9 million barrels of storage capacity, and associated truck racks.