PBF Holding Company LLC and Delaware City Refining Company LLC (together "PBF") announced the successful restart of the Delaware City petroleum refinery, which was closed down by previous owners in 2009. In June 2010, Delaware City was purchased by PBF, a company owned by Blackstone and First Reserve Corporation, which have collectively undertaken a restart of the facility and full turnaround, leading to the rehiring of nearly 500 employees and up to 250 contractors. Initial operations began in June of 2011 and the refinery is now fully operational.

"The successful restart of the Delaware City Refinery is the result of the collaborative efforts of government, labor and business," said, Thomas D. O'Malley, PBF's Chairman. "Our operations in Delaware are an example of the success that can be achieved when all interested parties work together for a common goal. We are happy to be part of the Delaware community and to contribute to its well being."

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