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PBF refineries to operate up to 76% of capacity in Q1

Independent U.S. refiner PBF Energy plans to operate its seven refineries up to 76% of their combined production capacity of 1 MMbpd in the first quarter of 2025, the company said on Thursday.

Impacting production in the first quarter is the shutdown of the 156,400-bpd Martinez, California refinery following a Feb. 1 fire, as well as planned maintenance at other refineries, company executives said during a conference call on Thursday morning.

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