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Masterpiece Refining – From PBF Energy
PBF Energy Inc is a private company that bought three US refineries with 0.5 MMb/d capacity in the past two years and now plans to go public. Two of the refineries are on the East Coast where many larger players have abandoned the refining business. The third is in the Midwest sweet spot. Today we look at how the company plans to keep these refineries profitable for investors.
