Marathon petroleum corp., adm announce closing of feedstock partnership

Findlay, ohio and chicago, dec. 14, 2021 /prnewswire/ -- marathon petroleum corp. (nyse: mpc) and adm (nyse: adm) today announced the closing of their joint venture to produce soybean oil to supply the rapidly growing demand for renewable diesel fuel. the joint venture, which is named green bison soy processing, llc, will own and operate a soybean processing complex in spiritwood, north dakota, with adm owning 75% of the joint venture and mpc owning 25%, as previously announced in august.
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