Marathon Petroleum Company (MPC) is one of the biggest and most important refineries in the USA, owned 100% by Marathon Oil Corporation. Its philosophy is: success through efficiency, efficiency through innovation and innovation through people.
Marathon Petroleum Company is extremely efficient, cost effective and competitive in refining, marketing and transportation. It works across 21 states and is in charge of approximately $8 billion in assets. With these references, and a matching network of operating facilities, MPC is able to adjust to different conditions in the market, it can enhance the supply and product choices for the customers and it can add value for the stakeholders. The success of this corporation is based in working within the highest standards of environmental management, safety, community responsibility and business ethics.
The distribution of Marathon Petroleum Company products is made through another company called Terminal, Transport and Marine (TT&M). TT&M is in charge of most of the facilities and operations in delivering MPC products. This is a very large terminal operator in the US; it receives and stores products, loads trucks and also regulates products such as heavy oils and manufacture emulsions and polymer grades of asphalt, to meet specifications. Marathon Petroleum Company owns has one of the biggest privately-owned tank barge fleets in the US for refined products.
MPC is the largest wholesale supplier of distillate and gasoline to resellers and consumer end-users, as well as the largest producer of asphalt. They produce 83000 barrel per day of asphalt; also the company is producer and marketer of petrochemicals and specialty products including benzene, toluene, cymene, aliphatic solvents and petroleum pitch. Their refineries are integrated via pipelines and barges; this is to maximize operating efficiency.
Some of the product facilities of Marathon Petroleum Company include: 62 light products terminals and 23 asphalt terminals in 23 states in the Midwest and Southeast; 151 truck loading racks located at MPCs terminals and refineries; nine inland waterway tow boats and 167 barges and 184 owned or leased transport units. As it is such a big company, many people are usually required to work with the type of services they provide. It is a solid company with many possibilities of professional growth.