PBF says it was profitable on sales of $16 BILLION (corrected) last year and $15 Billion in the first nine months of this year. PBF has also been in talks to acquire additional, unnamed plants. The company previously proposed an IPO last year.
PBF says it's ready to boost volume after leasing 2,500 rail cars to speed crude oil from new fields in North Dakota and other parts of central North America to its plants. It also plans to barge crude from its new Delaware City rail oil terminal north to its Paulsboro complex.