SOURCE: Koch Industries, Inc.

Koch Industries, Inc.

June 17, 2009 17:21 ET

Koch Pipeline Company, L.P. Donates Land to Speer Volunteer Fire Department

HUGO, OK--(Marketwire - June 17, 2009) - Koch Pipeline Company, L.P. (http://www.kochpipeline.com) donated 1.7 acres near Hugo to the Speer Volunteer Fire Department in February, giving the fire department a location on which to build a new fire station.

"We recognize the important role volunteer fire departments play in providing services to rural areas of Oklahoma and the rest of the country," said Kim Penner, president of Koch Pipeline Company. "We are happy this donation will help the Speer Volunteer Fire Department better serve this area and its citizens."

"Koch Pipeline's donation was unexpected and will certainly allow us to use the funds we had set aside to buy property to be used for other purposes," said Sharon Smith, fire chief. "We appreciate the company's generosity and support."

"Koch Pipeline is committed to being a good neighbor in the communities in which we have active operations, and in this case, in the communities in which we don't have a business presence any longer," Penner said. "Our company formerly owned and operated numerous pipelines within Oklahoma. As the company has evolved, the majority of those lines have been sold. This donation is a win-win: the property wasn't being used and the Speer department needed land."

Koch Pipeline Company was named one of America's Safest Companies in 2008 and earned the petroleum industry's top safety award for large pipeline operators presented by API, an industry association based in Washington, D.C. Koch Pipeline employees have worked over 5.4 million hours since March 2001 with no lost-time injuries.

The company's Texas employees have also achieved Voluntary Protection Program Star status -- becoming only the fourth pipeline operating group in the United States to earn that designation.

Koch Pipeline Company, L.P. is an indirect, wholly owned subsidiary of Koch Industries, Inc. (http://www.kochind.com). It operates about 4,000 miles of pipelines that transport crude oil, refined products, natural gas liquids and chemicals.