The Anderson’s Marathon Ethanol Starts Plant Construction in Ohio

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Researched by Industrial Info Resources (Sugar Land, Texas). A joint venture company formed between agricultural company The Anderson’s (NASDAQ:ANDE) (Maumee, Ohio) and the country’s fifth largest petroleum refiner, Marathon Oil Corporation (NYSE:MRO) (Houston, Texas), named The Andersons Marathon Ethanol, LLC has started construction on a new fuel ethanol plant that will be located in Greenville, Ohio.

The venture received approval last week for air permits and dirt work, and pre-construction activity is in full swing at the site near Highway 57 and Landsdowne Street in Greenville, which is located 70 miles north of Cincinnati. Plans call for the creation of a 110 million-gallon per year fuel ethanol plant that will utilize 42 million bushels of locally grown corn annually to produce the renewable fuel.

ICM, Incorporated (Colwich, Kansas) has been selected as the design-build firm for the project and the selection of contractors and equipment purchases are underway for the estimated $154 million project.

Construction is expected to take sixteen months to complete and the target date for completion is February of 2008.

The project also marks the sixth fuel ethanol plant that is currently under construction in Ohio. Other projects underway in the state include ASAAlliances Biofuels in Bloomingburg (100MM gal/yr); Bionol in Lake Providence (40MM gal/yr); Coschocton Ethanol in Coschocton (80MM gal/yr); Greater Ohio Ethanol in Lima (50MM gal/yr), and Harrison Ethanol in Cadiz (20MM gal/yr)

Industrial Info's Ethanol Production Database provides a comprehensive outline of all current development activities in the emerging synthetic fuels market. This database covers 123 ethanol plants currently in operation and 234 plants under development. It also covers fifteen operational biodiesel plants and 41 biodiesel plants under development.

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