
PBF Energy Inc.
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Business profile
PBF Energy Inc. is a leading independent petroleum refiner and supplier of transportation fuels, lubricants, petrochemicals, and other refined products in the United States. The company's operations are strategically divided into two primary segments: Refining and Logistics. Through its refining segment, PBF Energy processes crude oil into a diverse range of essential products, including gasoline, ultra-low-sulfur diesel, heating oil, jet fuel, lubricants, petrochemical feedstocks, and asphalt. These products are critical for transportation, industrial, and consumer markets. The Logistics segment complements its refining activities by providing essential infrastructure and services, such as rail, truck, and marine terminaling, as well as pipeline transportation and storage. This integrated model enhances operational efficiency and market reach. PBF Energy serves a broad customer base across key regions in the United States, including the Northeast, Midwest, Gulf Coast, and West Coast, as well as extending its reach into Canada, Mexico, and international markets. The company's business model focuses on optimizing its refining assets, leveraging its logistics network for competitive advantage, and strategically positioning itself to meet the evolving demands of the energy sector. Founded in 2008 and headquartered in Parsippany, New Jersey, PBF Energy has established a significant presence in the North American refining landscape.