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PBF Energy Announces That Rebuild Activities At Its 157,000 Barrel Per Day Martinez, California Refinery Following The February 1, 2025 Fire Are Now Expected To Progress Into February

Benzinga·01/02/2026 22:35:59
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PBF Energy Inc. (NYSE:PBF) announced today that rebuild activities at its 157,000 barrel per day Martinez, California refinery following the February 1, 2025 fire are now expected to progress into February. PBF expects to achieve planned operating rates by the beginning of March 2026. PBF previously projected a year-end 2025 restart.  Since early in the second quarter of 2025, the Martinez refinery has been operating in the 85,000 to 105,000 barrel per day range. Currently, the commissioning phase of utility systems and certain idled equipment has commenced, and a phased restart of the refinery will progress as work is completed, and the quality assurance and control process is completed.