PBF Holding Company will acquire Valero Energy’s refinery in Paulsboro, New Jersey, US, a connecting pipeline and related assets for $180m.
Paulsboro is a high conversion, heavy crude oil refinery with a Nelson complexity rating of 13.1 and has a processing capacity of 185,000 barrel per day.
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Major process units in the refinery include a delayed coking unit, a fluid catalytic cracking unit, hydrotreating units, a reformer, an alkylation unit and 12,000 barrels per day of lube oil processing capacity.
There are about 7.5 million barrels of crude oil and product storage at the refinery.
