Marathon Oil Corporation and The Andersons, Inc. are planning to start construction immediately on an ethanol plant in Greenville, Ohio.

According to a joint press release, the Greenville site will be the first to be constructed by The Andersons Marathon Ethanol LLC, a 50/50 joint venture between The Andersons, Inc. and Marathon Petroleum Company LLC, a wholly owned subsidiary of Marathon Oil Corporation.

The plant will produce 110 million gallons of ethanol and 350,000 tons of distillers dried grain per year and is expected to be in production in the first quarter of 2008.