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PHILADELPHIA (AP) — The owner of the largest oil refinery on the East Coast is telling officials that it will close the facility after a fire last week set off explosions and damaged the complex.
Philadelphia Mayor Jim Kenney said in a statement Wednesday that Philadelphia Energy Solutions had informed him of its decision.
Kenney says the more than 1,000 workers there will be impacted. A company spokeswoman isn't responding to a request for comment.
PES says the 150-year-old oil refining complex processes 335,000 barrels of crude oil daily. The refinery turns the crude into gasoline, jet fuel, propane, home heating oil and other products.
It started as a bulk petroleum storage facility in 1866, and began refinery operations in 1870.
The company emerged from bankruptcy last year after restructuring its debt.
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