JOURNAL ARTICLE

Andersons Buys Marathon Ethanol Stake for $425 Million.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Hirtzer, Michael; Ailworth, Erin 3 of 3

Abstract

The article focuses on Andersons Inc.'s acquisition of the remaining stake in its joint venture with Marathon Petroleum Corp. for $425 million, which includes four ethanol plants and effectively doubles Andersons' investment in biofuels. The joint venture was established in 2019 amid a grain-supply glut and has been influenced by changing biofuel quotas during the Trump administration. Andersons, based in Ohio, is actively pursuing further investments in biofuels and is expanding its operations, including a new port in Houston. The company recently reported second-quarter earnings of $3.14 billion, exceeding expectations. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/08, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:187122883
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