Also known as:
Martinez is a project to develop a renewable diesel plant in Northern California, in the US.
The project is being developed by a 50/50 JV between Marathon and Neste.
The project is shutting down and converting the existing Marathon Martinez refinery.
Product will be divided between owners.
Feed for the plant will be animal fats, distillers corn oil, and soybean oil. Owners will share responsibility for feedstock sourcing.
260 mga/y capacity for first phase
Max capacity of 730 mga/y when project complete
Leveraging 3 existing hydroprocessing units, 2 hydrogen plants, and a cogen plant
Total project cost of $1.2B
2021 - Engineering started by Marathon
2022 - JV formed with Neste through $1B investment
2023 - First phase completed. Full project completion expected by EOY