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PBF > SEC Filings for PBF > Form 8-K on 15-Apr-2013All Recent SEC Filings

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Form 8-K for PBF ENERGY INC.


15-Apr-2013

Other Events, Financial Statements and Exhibits


Item 8.01 Other Events

On April 15, 2013, PBF Energy Inc. ("PBF" or the "Company") issued a press release regarding the rising cost of compliance with the Renewable Fuels Standard through the purchase of renewable energy credits, known as RINs, including comments made by Executive Chairman, Thomas D. O'Malley, in an article published by Platts on April 12, 2013. PBF disclosed that it had expected to spend about $120 million on RINs in 2013 but that cost could increase by $30 to $40 million due to the rising cost of RINs. A copy of the news release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Forward-Looking Statements

Statements reflecting the Company's or its management's expectations or predictions relating to future plans, results, performance, achievements and the like are considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which may be beyond the Company's (PBF Energy Inc. and subsidiaries) control, that may cause actual results to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors and uncertainties that may cause actual results to differ include but are not limited to the risks disclosed in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements speak only as of the date hereof. The Company undertakes no obligation to revise or update any forward-looking statements except as may be required by applicable law.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No. Description

99.1 Press release dated April 15, 2013.


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