MARATHON PETROLEUM COMPANY

'Marathon Petroleum Company' ('MPC') is a fully owned, American subsidiary of the Marathon Oil Corporation. The subsidiary was formed on September 1, 2005, from the former 'Marathon Ashland Petroleum, LLC', and is based in Findlay, Ohio.

Contents
History
External links

History


Marathon Ashland Petroleum, LLC was a US based petroleum corporation, formed in 1998 from a merger of the downstream operations of Ashland, Inc., and Marathon Oil. Its corporate headquarters were in Findlay. Marathon owned 62% percent and Ashland owned 38% of this venture.
On September 1, 2001, Marathon formed Pilot Travel Centers, LLC (PTC) in a joint venture with Pilot Corporation. Each company owns 50% of PTC.
The Marathon Petroleum Company building in Downtown Findlay, OH

The Speedway SuperAmerica chain of convenience stores was a subsidiary of this now-defunct company. In addition, Marathon Ashland Petroleum owned seven refineries and a number of other pipelines. Following Ashland shareholder and debt-holder approval, the company became fully owned by Marathon Oil on June 30, 2005. The company was renamed Marathon Petroleum Company on September 1, 2005.

External links



★ Marathon Oil Business Homepage

★ Marathon Petroleum Company Homepage

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