Marquis

What Marquis does

Marquis is a multi-generational, family-owned American biofuels and agricultural platform headquartered in Hennepin, Illinois. The company operates the world's largest dry-mill ethanol facility, producing more than 395 million gallons of renewable ethanol annually alongside co-products including 900,000 tons of Dried Distillers Grains with Solubles (DDGS), 17.5 million gallons of distillers corn oil, and 1.2 million tonnes of pure biogenic CO2 captured during fermentation. Its integrated business units span Marquis Energy (production), Marquis Grain (local corn procurement and feed marketing), Marquis Energy Global (Singapore-based commodities trading across Asia, Europe, and the Americas), Marquis XT (contract manufacturing for personal care and household cleaning), Marquis ProCap (proprietary corn oil extraction technology), and Marquis Sustainable Aviation Fuel (planned 120 million gallon/year ethanol-to-jet SAF and renewable diesel plant).

Underlying technology is grounded in dry-mill fermentation, the proprietary ProCap mechanical-chemical process that lifts corn oil extraction by 20% and throughput by 2%, and Bioenergy with Carbon Capture and Storage (BECCS), under which over 1 million metric tons of CO2 are targeted to be injected annually into the Mt. Simon geological formation — a 100+ million ton-capacity storage reservoir located directly beneath the 3,500-acre Industrial Complex. Marquis also holds GMP+, cGMP, Kosher, GMO-free, International Sustainability & Carbon Certification (ISCC), Bonsucro, and Global Trader Program certifications, supporting premium market access.

Marquis makes money through B2B bulk commodity sales of ethanol, DDGS, distillers corn oil, and industrial/USP alcohol into fuel blenders, animal feed formulators, renewable diesel producers, and pharmaceutical/cleaning product manufacturers, supplemented by negotiated contract manufacturing services via Marquis XT and global trading margins through Marquis Energy Global. Pricing is quote-based and bilateral, with distribution executed across Norfolk Southern Class I rail, the Illinois River barge system, truck, and ocean-going vessels. The company sells into US, Singapore, Vietnam, Brazil, and European markets and participates in the Section 45Z Clean Fuel Production Credit via third-party (Verdova) verified carbon intensity scores for grower operations.

Name

Marquis

Legal name

Marquis, Inc.

Website

https://marquisinc.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

101–250 employees

Short description

Marquis is a family-owned American biofuels producer operating the world's largest dry-mill ethanol facility (395M+ gallons/year) and an integrated platform spanning DDGS, distillers corn oil, USP alcohol, contract manufacturing, and planned SAF and renewable diesel production.

Ownership category

akta.pro rank

Product category

Biofuels Manufacturing

NAICS

Ethyl Alcohol Manufacturing (325193), Beverage Manufacturing (3121), Beverage and Tobacco Product Manufacturing (312)

SIC

Beverages (2080)

akta.pro primary industry

Grain & Sugar-Based Ethanol Production (EUAAAHAA)

akta.pro secondary industries

Cellulosic Biofuels & Renewable Fuels (2G ethanol, SAF intermediates) (IMAMALAA), Alcoholic Beverage Contract Manufacturing & Co-Packing (AFAFAAAI), Alcoholic Beverage Brand Owners & Holding Companies (Multi-category Portfolios) (CRADAIAL)

Keywords

• Ethanol production
• Biofuels manufacturing
• Animal feed co-products
• Carbon capture BECCS
• Sustainable aviation fuel

Headquarters

HQ city

Hennepin

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Technology or R&D, Personnel

Revenue model

1. Ethanol Fuel Production and Sales: Production and sale of renewable ethanol fuel - the core revenue stream. Marquis Energy produces more than 395 million gallons annually. Ethanol is sold to fuel markets with various specifications for domestic and global markets.
2. Animal Feed Products (DDGS & ProCap Gold): Sale of co-products from ethanol production including Dried Distillers Grains with Solubles (DDGS) and Marquis ProCap Gold high-protein animal feed. These are marketed domestically and globally through Marquis Grain and Marquis Energy Global.
3. Distillers Corn Oil: Production and sale of distillers corn oil, which serves as a low-carbon intensity feedstock for renewable diesel and biodiesel production. Produces 17.5 million gallons annually.
4. Contract Manufacturing (Marquis XT): Custom manufacturing solutions including private label, contract manufacturing, OTC products, on-site formulation and bulk industrial ethanol for personal care and household cleaning products.
5. Grain Procurement Services: Corn procurement from local growers and elevators to supply the ethanol biorefinery. Partnership with local grain elevators.
6. Industrial & USP Alcohol: Production and sale of high-quality industrial and USP alcohol products including SDA 3C, SDA 40B, CDA 12A, and Undenatured alcohol. cGMP production facility with Kosher and GMO-free certifications.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Marquis operates the world's largest dry-grind ethanol facility in Hennepin, Illinois, producing more than 395 million gallons of renewable ethanol per year along with co-products including DDGS animal feed, distillers corn oil, and high-protein Marquis ProCap Gold. The company also produces industrial and USP alcohol products, offers contract manufacturing through Marquis XT, and is developing sustainable aviation fuel (SAF) and renewable diesel capabilities via an Ethanol-to-Jet process combined with BECCS carbon capture technology.

Product overview

Marquis is a multi-generational family-owned biofuels and agricultural company operating the world's largest dry-grind ethanol facility in Hennepin, Illinois. The company operates a diversified portfolio of integrated businesses including: Marquis Energy (ethanol production at 395+ million gallons/year), Marquis Grain (corn procurement), Marquis Energy Global (global trading/sales in Singapore), Marquis ProCap (proprietary corn oil extraction technology), Marquis ProCap Gold (high-protein animal feed), Marquis Sustainable Aviation Fuel (SAF/renewable diesel via ethanol-to-jet process), Marquis XT (contract manufacturing for personal care/cleaning products), and Industrial & USP Alcohol products. The company also operates the Marquis Industrial Complex spanning 3,500 acres with carbon capture capabilities (BECCS) and is pursuing carbon neutrality. Marquis provides integrated low-carbon feed and fuel solutions with global distribution reach across the United States, Europe, and Asia.

Differentiator

Problem solved

Functional benefit

Brands

• Marquis Energy: World's largest dry-grind ethanol facility producing over 395 million gallons annually, DDGS, and corn oil
• Marquis Grain
• Marquis XT
• Marquis Sustainable Aviation Fuel
• Marquis ProCap Gold
• ME3 (Marquis Energy Energizing Education)
• What Fuels You Scholarship

Products and services

• Marquis Energy Ethanol
• Marquis Sustainable Aviation Fuel (SAF) and Renewable Diesel
• DDGS (Dried Distillers Grains with Solubles)

Quantifiable outcome

• 46% reduction in greenhouse gas emissions compared to petroleum (2021 GREET)
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

15 partnerships are on record, tiered core, minor and strategic.

• Growth EnergycoreStrategic or Co-development PartnerWorld's largest association of biofuel producers representing 90 biorefineries and 105 associated businesses. Marquis CEO Mark Marquis serves on the board of directors since 2010. Collaborative advocacy for biofuels policy and market development.
• Fuels AmericacoreStrategic or Co-development PartnerCoalition committed to protecting America's Renewable Fuel Standard (RFS) and promoting homegrown biofuels. Represents voices across the country from farmers to scientists working to ensure continued US leadership in biofuels.
• Illinois Corn (ICGA/ICMB)coreStrategic or Co-development PartnerFarmer-led organizations serving corn farmers in Illinois through policy advocacy and market development initiatives.
• VerdovacoreTechnology or IntegrationThird-party verification partner for Carbon Intensity (CI) scoring of farmer operations. Marquis pays for verified CI scores on growers' existing farm operations as part of the 45Z program.
• United CooperativeminorStrategic or Co-development PartnerSale of Marquis's Necedah, Wisconsin ethanol facility to United Cooperative completed May 2024. Marquis provides ongoing marketing and team support for the transitioned facility.
• Midwest Regional Carbon Initiative (MRCI)coreStrategic or Co-development PartnerDOE-funded program connecting science, technology and research to advance CCUS acceptance and deployment across 20 states in the Midwest, Mid-Atlantic and New England regions.
• Binh Son Refining and Petrochemical JSC (BSR)strategicGTM or Marketing PartnerVietnam's Dung Quat oil refinery operator signed MoUs in February 2026 for crude oil supply and ethanol biofuel cooperation as part of Vietnam-US energy engagement.
• Chevron Supply and TradingstrategicGTM or Marketing PartnerSigned MoUs in February 2026 for crude oil supply and biofuel cooperation with Vietnam's BSR, supporting bilateral energy trade between US and Vietnam.
• ADM Asia-Pacific TradingstrategicGTM or Marketing PartnerSigned MoUs in February 2026 alongside Chevron for crude oil supply and ethanol biofuel cooperation with Vietnam's BSR.
• Wetlands InitiativeminorStrategic or Co-development PartnerNon-profit leading Midwest restoration of wetland ecosystems. Marquis supports the Oak Ridge Trail at Dixon Waterfowl Refuge, a Ramsar Wetland of International Importance.
• Illinois Renewable Fuels AssociationcoreStrategic or Co-development PartnerMember association fostering development and growth of the ethanol industry in Illinois through education, promotion, research, legislation and infrastructure development.
• Illinois Soybean AssociationcoreStrategic or Co-development PartnerRepresents more than 43,000 soybean farmers in Illinois through checkoff and membership programs focused on market development and advocacy.
• Low Carbon Fuels CoalitioncoreStrategic or Co-development PartnerCoalition of companies and trade associations decarbonizing transportation fuel supply through advocacy for Clean Fuels Standard policies.
• The Center for Bioenergy InnovationminorStrategic or Co-development PartnerAccelerates domestication of bioenergy-relevant plants and microbes to enable high impact, value-added fuels and coproduct development.
• UntaptminorImplementation/ SI/ Consulting PartnerManagement consulting firm empowering leaders, teams and organizations to become healthier for greater long-term impact.

Scale indicators12 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• Valero Renewable Energy: Valero operates ethanol plants alongside its core refining business and is one of the largest US ethanol producers. As an incumbent refiner entering biofuels, it overlaps with Marquis on ethanol, renewable diesel feedstock (corn oil), and increasingly SAF/renewable diesel markets.
• Bunge Global: Bunge is a leading global agribusiness and oilseed processor with major biofuel and ethanol trading operations. Marquis Energy Global's Managing Director Johan Ullman came from Bunge's ethanol trading desk, making Bunge a direct comparable in commodity origination, ethanol trading, and biofuel logistics.
• Cargill: Cargill is a global agricultural commodity trader and ethanol producer. Marquis Energy Global's leadership came from Cargill's ethanol trading desk, and the two compete directly in global ethanol, DDGS, and corn oil merchandising across Asia, Europe, and the Americas.
• Archer Daniels Midland (ADM): ADM is a global agricultural processor and ethanol producer with a major Decatur, IL footprint and global trading capabilities. Marquis signed MoUs with ADM Asia-Pacific Trading for ethanol cooperation, and the two are comparable on grain origination, corn-based ethanol, and global commodity distribution.

Others

• ICM Inc. ICM is a leading ethanol plant technology and engineering provider whose former employees now lead Marquis technology and plant operations. ICM is comparable as the enabling technology and equipment partner for Marquis's dry-mill ethanol, ProCap, and SAF process design.

Direct peers

• Green Plains Inc. Green Plains is a US-focused dry-mill ethanol producer with ~1 billion gallons of annual capacity, producing ethanol, DDGS, and distillers corn oil. It is a direct scale-comparable peer in grain-based ethanol, distillers feed co-products, and adjacent renewable-feedstock platforms.
• POET: POET is the largest ethanol producer in the US, operating a network of dry-mill biorefineries producing ethanol, DDGS, and corn oil. It is the most direct competitor to Marquis, sharing the same dry-mill technology, feedstock base (corn), and end-markets in fuel and animal feed.

Emerging players

• Aemetis: Aemetis is a renewable fuels company developing ethanol, renewable diesel, SAF, and biogas from corn and woody biomass in California. It overlaps with Marquis on ethanol-to-jet SAF pathways, cellulosic renewable fuels, and low-carbon fuel standard monetization.
• LanzaJet: LanzaJet is a SAF technology company commercializing alcohol-to-jet processes, which is the same ethanol-to-jet pathway Marquis is deploying for its 120M gallon SAF facility. It is a relevant technology peer in the ETJ-to-SAF value chain.

Regional players

• Cosan (Raízen): Cosan, through Raízen, is one of the world's largest sugarcane ethanol producers and a major biofuels player in Brazil. While Brazilian sugarcane-based rather than US corn-based, Cosan is comparable in ethanol scale, distribution into global fuel markets, and co-product monetization.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/MarquisEnergy
• LinkedInlinkedin.com/company/about

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries6 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Marquis