Marathon Petroleum Corporation donates to Louisiana flood disaster relief efforts
(Thomson Reuters ONE) -
FINDLAY, Ohio, Aug. 23, 2016 - Marathon Petroleum Corporation (NYSE: MPC) today
announced that it will donate $250,000 to aid in flood recovery efforts in
Louisiana. The Red Cross will receive $100,000; United Way will receive $50,000;
and various local organizations with critical needs will receive the remaining
$100,000.
"With reports of 110,000 homes damaged and over 30,000 people being rescued or
displaced, recovery will take time," said MPC Chairman, President and Chief
Executive Officer Gary R. Heminger. "We are proud to be able to support agencies
and organizations that will get the help to where it is needed the most."
MPC's 539,000 barrel-per-day refinery in Garyville, Louisiana, is the third-
largest refinery in the nation. At least 10 percent of its employees were also
impacted by the devastating floods. "In addition to our corporate donations, we
will continue to provide assistance to our employees whose lives have been
affected by the flooding," added Heminger.
###
About Marathon Petroleum Corporation
MPC is the nation's third-largest refiner, with a crude oil refining capacity of
approximately 1.8 million barrels per calendar day in its seven-refinery system.
Marathon brand gasoline is sold through approximately 5,400 independently owned
retail outlets across 19 states. In addition, Speedway LLC, an MPC subsidiary,
owns and operates the nation's second-largest convenience store chain, with
approximately 2,770 convenience stores in 22 states. MPC owns, leases or has
ownership interests in approximately 8,400 miles of crude and light product
pipelines and 5,000 miles of gas gathering and natural gas liquids (NGL)
pipelines. MPC also has ownership interests in 54 gas processing plants, 13 NGL
fractionation facilities and two condensate stabilization facilities. Through
subsidiaries, MPC owns the general partner of MPLX LP, a midstream master
limited partnership. MPC's fully integrated system provides operational
flexibility to move crude oil, NGLs, feedstocks and petroleum-related products
efficiently through the company's distribution network and midstream service
businesses in the Midwest, Northeast, East Coast, Southeast and Gulf Coast
regions.
Media Contacts:
Chuck Rice (419) 421-2521
Sid Barth (419) 421-2850
Louisiana Flood Relief - MPC:
http://hugin.info/147922/R/2036864/758848.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Marathon Petroleum Corporation via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 23.08.2016 - 22:08 Uhr
Sprache: Deutsch
News-ID 490783
Anzahl Zeichen: 3085
contact information:
Town:
Findlay, Ohio
Kategorie:
Business News
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