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For more than 15 years, Marathon has been a leading blender of corn-based ethanol, a primary renewable fuel in the U.S. The Company has the capability to blend approximately 1.2 billion gallons of ethanol per year and to sell ethanol-blended gasoline across most of its light product gasoline terminal facilities in 17 states.
Marathon has also invested in the manufacturing of ethanol through a 50-percent interest in a facility in Ohio and a 35-percent interest in a facility in Indiana. Each plant has the capacity to manufacture 110 million gallons per year of ethanol.
The Company is researching opportunities in next-generation biofuels and has invested $10 million in a company that will identify, patent and deploy microbes and low-cost processes for producing cellulosic ethanol from a range of feedstocks. Next-generation biofuels are those produced from feedstocks which have no food value or are grown on land that cannot be used for producing food.
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