UPDATE 1-PBF Energy expects Martinez refinery rebuild extending into February

-5.32%

PBF Energy, Inc. Class A

PBF

29.53

-5.32%

Adds details in paragraphs 2 and 3

Jan 2 (Reuters) - PBF Energy PBF.N said on Friday that rebuild activities at its California-based Martinez refinery, following a fire last year, are now expected to progress into February.

A fire had broken out at the 157,000-barrel-per-day refinery on February 1, 2025, impacting its operations.

The company, which had previously projected a year-end 2025 restart, expects to achieve planned operating rates by the beginning of March 2026.

(Reporting by Pooja Menon in Bengaluru; Editing by Vijay Kishore)

((Pooja.Menon@thomsonreuters.com;))

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