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MARATHON ANNOUNCES TEMPORARY IDLING OF INDIANAPOLIS REFINERY

 HOUSTON, June 30 /PRNewswire/ -- Marathon Oil Company today announced that it will temporarily idle its 50,000 barrel-per-day Indianapolis Refinery, citing unfavorable plant economics and an ever-increasing requirement for environmental spending.
 The company said it will continue to operate the refined-products storage and terminal facilities located at the refinery in order to maintain necessary supplies of gasoline in the area.
 While an exact date has not yet been determined, the company anticipates that idling procedures will begin about Oct. 1 of this year and be completed by year's end.
 Employees and union officials at the refinery are being advised today of the decision. Some salaried employees will be offered positions at other Marathon facilities, while the remaining salaried employees will be eligible to elect to receive termination benefits. Those employees represented by the Oil, Chemical and Atomic Workers International Union (OCAW) are entitled to benefits under the terms of the collective bargaining agreement.
 The decision to idle Indianapolis was not easily arrived at, according to J. L. Frank, Marathon's executive vice president for downstream operations. "The petroleum industry is being required to make massive capital investments to meet new requirements imposed by the 1990 Clean Air Act and other federal and state environmental laws and regulations. When these additional requirements were placed on top of the environmental expenditures we had anticipated when Marathon purchased the refinery in 1989, we simply could not economically justify the plant's continued operation at this time," Frank said.
 Idling of the Indianapolis facility will have no impact on Marathon's supply of transportation fuels to its various classes of trade in Indiana or the Midwest Marketing area. Marathon's remaining four refineries located at Detroit; Garyville, La.; Robinson, Ill.; and Texas City, Texas; have a capacity of 570,000 barrels per day. The action taken at the Indianapolis plant is part of an ongoing program to increase efficiencies in Marathon's manufacturing operations.
 /delval/
 -0- 6/30/93
 /CONTACT: William P. Ryder or Steve Wagner, both of Marathon Oil, 317-872-3200 ext. 630/
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CO: Marathon Oil Company ST: Indiana, Texas IN: OIL SU:

KC -- PG013 -- 7112 06/30/93 11:27 EDT
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Publication:PR Newswire
Date:Jun 30, 1993
Words:354
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