[7][8] Anticipated economic impacts of the closure include major reductions in tax revenue and retail sales for Delaware City, increased materials acquisition cost for petroleum products re-sellers and an increase to consumer gasoline prices in the longer term.
[9][10] On 25 January 2010, Petroplus, the largest independent refining company in Europe, announced its interest in buying the refinery.
In June 2010, it was announced that the Delaware City Refinery was purchased by PBF Energy Partners for $220 million.
The repost found that (excerpted): Motiva did not have rules to limit high-temperature cutting (welding) that could generate molten metal and sparks from being performed directly above a corroded hazardous storage tank that had holes in its roof and shell and was known to contain flammable vapors.
[16] In addition, Motiva agreed to a $12 million settlement for a joint federal-state civil lawsuit due to the explosion.
Valero, the refinery's next owner, then implemented additional safety measures costing $7.5 million to prevent another incident similar to the Sulfuric Acid Tank explosion.
[18] According to PBF's filings with the US DOE's Energy Information Agency, the unit capacities for the Delaware City Refinery are presented below:[19] Both the fluid coker and the FCC regenerator have independent wet gas scrubbers that were installed for about $200 million per unit in 2005 according to Valero's refinery tour presentation.
[21] In 2020, due to the impact of COVID on the business causing serious financial distress, PBF sold the hydrogen plant at Delaware City to Air Products and Chemicals.