ExxonMobil to Sell Torrance Refinery to PBF Energy Agreement includes Vernon and Atwood product terminals, associated pipelines and other logistics Decision results from ongoing assessment of ExxonMobil strategic priorities ExxonMobil remains committed to refining as part of integrated business strategy TORRANCE, California – ExxonMobil has reached an agreement with PBF Energy, Inc. for the sale and purchase of its refinery in Torrance, California, a lubricants distribution center at Vernon, products terminals at Vernon and Atwood, and associated California pipelines and other logistics assets, including facilities at the Southwest terminal. “The sale results from a strategic assessment of the site and how it fits with our refining portfolio,” said Jerry Wascom, president of ExxonMobil Refining & Supply Company. “ExxonMobil regularly adjusts its portfolio through investment, restructuring or divestment consistent with overall global and regi...
THE SETHA MEMBERSHIP AREA INCLUDES PROPERTY OWNERS IN THE AREA BETWEEN SEPULVEDA BLVD ON THE NORTH, LOMITA CITY LIMITS ON THE SOUTH, CRENSHAW BLVD ON THE WEST, AND THE LOS ANGELES CITY LIMITS ON THE EAST. SETHA BLOGSITE http://setha-torrance.blogspot.com Email: SoutheastTorranceHOA@yahoo.com