PBF LOGISTICS LP (NYSE:PBFX) Files An 8-K Other Events
Item 8.01
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Other Events.
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subsidiary, PBF Logistics Products Terminals LLC, acquired the
Toledo, Ohio, refined products terminal assets of Sunoco Logistics
LP (the Toledo Terminal) for $10.0 million in cash. The Toledo
Terminal is directly connected to and currently supplied by PBF
Energy Inc.’s (PBF Energy) Toledo Refinery.
Terminal is comprised of a 10-bay truck rack and over 110,000
barrels of chemicals, clean product and additive storage capacity.
closing of the Toledo Terminal acquisition. The press release
related to this announcement is attached hereto as Exhibit 99.1 and
incorporated herein by reference.
of Form 8-K. Accordingly, the information in Item 8.01 of this
Current Report, including Exhibit 99.1, will not be subject to
liability under Section 18 of the Securities Exchange Act of 1934,
as amended (the Exchange Act), and will not be incorporated by
reference into any registration statement or other document filed
by the Partnership under the Securities Act of 1933, as amended, or
the Exchange Act, unless specifically identified therein as being
incorporated by reference.
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Item 9.01
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Financial Statements and Exhibits.
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Exhibit No.
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Description
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99.1
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Press release dated April 17, 2017
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About PBF LOGISTICS LP (NYSE:PBFX)
PBF Logistics LP is engaged in the receiving, handling and transferring of crude oil and the receipt, storage and delivery of crude oil, refined products and intermediates. The Company operates through two segments: Transportation and Terminaling segment, and storage segment. The Company focuses on owning or leasing, operating, developing and acquiring crude oil and refined petroleum products terminals, pipelines, storage facilities and similar logistics assets. It receives, handles and transfers crude oil from sources located across the United States and Canada, and stores crude oil, refined products and intermediates for PBF Energy Inc. (PBF Energy) in support of its three refineries located in Toledo, Ohio, Delaware City, Delaware and Paulsboro, New Jersey. Its assets consist of the DCR Rail Terminal, the Toledo Truck Terminal, the DCR West Rack, the Toledo Storage Facility and the Delaware City Products Pipeline and Truck Rack (collectively referred to as the Contributed Assets). PBF LOGISTICS LP (NYSE:PBFX) Recent Trading Information
PBF LOGISTICS LP (NYSE:PBFX) closed its last trading session up +0.20 at 20.85 with 64,277 shares trading hands.
