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INDUSTRY NEWS


On June 21st 2019 a corroded fuel line set off a fire at the Philadelphia refinery which was being operated by Philadelphia Energy Solutions. A year later the 1,300 acre Refinery was sold out of bankruptcy to a Chicago developer Hilco Redevelopment Partners for 225.5 million. This refinery has a storied history. It was established in 1866 after the civil war at Point Breeze by Atlantic Petroleum. Then Gulf Oil began its Refinery in 1920 at Girard Point. To then be combined in 1995 by Sunoco. To learn more about Hilco visit their website below.

www.Hilcoredev.com






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