Global Infrastructure SherpaMarathon Petroleum expands renewable fuels infrastructure with new facilities and partnerships
Marathon Petroleum invested $1.2 billion to add 40,000 bpd of renewable diesel capacity at its Galveston Bay refinery. The project integrates Haldor Topsoe's catalyst technology and secures long-term feedstock from ADM, targeting growing domestic low-carbon fuel demand.
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Counterparts (4)
Partner
LF Bioenergy
Houston, USA-based LF Bioenergy is a renewable natural gas (RNG) developer, owner, and operator formed in 2022 as a joint venture between Liberty Facilities and Monarch Infrastructure Partners. The company focuses on converting landfill gas and dairy manure into RNG, with a team that has developed over 15 projects and operates 10 facilities across North America.
Neste
Neste is the world’s leading producer of sustainable aviation fuel (SAF) and renewable diesel, enabling customers to reduce their greenhouse gas emissions. They refine waste, residues and other innovative raw materials into renewable diesel, sustainable aviation fuel and more sustainable feedstocks for polymers and chemicals.
ADM
Archer-Daniels-Midland Company (ADM) is a global leader in human and animal nutrition and the world's premier agricultural origination and processing company. With a workforce of approximately 40,000, ADM operates a vast network of processing plants, logistics, and transportation assets globally, increasingly investing in energy transition infrastructure for its own operations and sustainable product lines.
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Marathon Petroleum is rapidly building out its renewable fuels infrastructure, notably through its 50/50 joint venture with Neste, the world’s leading producer of sustainable aviation fuel and renewable diesel. Their Martinez Renewables facility is on track to reach full capacity of 730 million gallons of renewable diesel and other renewable fuels by the end of 2024. This expansion also includes the Green Bison Soy Processing Facility, a partnership with ADM that came online in 2023, capable of processing 600 million pounds of soybean oil annually for feedstock. It's a clear move by a major petroleum refiner to establish a substantial footprint in the growing renewable energy sector.
- Martinez Renewables JV (with Neste) targets 730M gallons renewable fuels capacity by end of 2024.
- Green Bison Soy Processing Facility (with ADM) came online 2023, processing 600M lbs soybean oil annually.
- Neste, world's leading producer of SAF and renewable diesel, is a 50/50 JV partner.
- Marathon Petroleum, a petroleum refining giant, is the developer.
Timeline
Announced
Mar 14, 2026
Signed
Closed
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