MOSCOW (MRC) -- PBF Logistics LP
announced that its wholly owned subsidiary has acquired the Toledo, Ohio,
refined products terminal assets of Sunoco Logistics LP for USD10 MM, said Hydrocarbonprocessing.
Toledo Terminal is directly connected to and currently supplied by PBF Energy
Inc.'s Toledo refinery. "We are pleased with our acquisition of the Toledo
Terminal which is PBFX's second third-party acquisition and third transaction
completed this year,Ф said Tom Nimbley, PBF Logistics GP LLC Chief Executive
Officer. The combined transactions represent a USD15 million increase to the
Partnership's forecasted annualized EBITDA. We welcome the employees of the
terminal to the PBFX family and look forward to maximizing the potential of our
Located adjacent to PBF Energy's Toledo refinery, the
Toledo Terminal is comprised of a 10-bay truck rack and over 110,000 bbl of
chemicals, clean product and additive storage capacity.
As MRC informed earlier,
Fluor was awarded a construction management contract by Sunoco Logistics for the
Mariner East 2 project at its Marcus Hook Industrial Complex on the Delaware
River in Pennsylvania.