As filed with the Securities and Exchange Commission on September 3, 1996
                                                  Registration No. 33-55748
___________________________________________________________________________
                    SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D.C. 20549
                                     
                     Post-Effective Amendment No. 1 to
                                 Form S-8
                          REGISTRATION STATEMENT
                                   Under
                        The Securities Act of 1933
                                     
                             AMOCO CORPORATION
          (Exact name of registrant as specified in its charter)
                                     
                      Indiana                    36-1812780
           (State or other jurisdiction       (I.R.S. Employer
                of incorporation or         Identification No.)
                   organization)                      
              200 E. Randolph Drive, Chicago, Illinois 60601
          (Address of Principal Executive Offices)    (Zip Code)
                                     
                        AMOCO FOAM PRODUCTS COMPANY
                        CHIPPEWA FALLS SAVINGS PLAN
                         (Full title of the plan)
                                     
                        S. F. GATES,Vice President,
                  General Counsel and Corporate Secretary
                             Amoco Corporation
                           200 E. Randolph Drive
                          Chicago, Illinois 60601
                  (Name and address of agent for service)
                                     
                              (312-856-6111)
       (Telephone number, including area code, of agent for service)
                                     
                     CALCULATION OF REGISTRATION FEE*
             Title of     Amount to    Proposed    Proposed     Amount of
              Shares         be         Maximum     Maximum    Registrati
               to be     Registered    Offering    Aggregate     on Fee
            Registered                 Price Per   Offering
                                         Share       Price
           Common Stock  Not          Not         Not          Not
           no par value  Applicable   Applicable  Applicable   Applicable
*  No  registration  fee  is  required  because  no  securities  are  being
registered pursuant to this Post-Effective Amendment.


                             AMOCO CORPORATION
                                     
                                  PART II
                                     
            INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
                                     
                                     
                                     
This Post-Effective Amendment No. 1 to Form S-8 Registration Statement No.
33-55748 hereby deregisters all securities remaining unsold under
Registration Statement No. 33-55748.


                                SIGNATURES
                                     
THE REGISTRANT

Pursuant to the requirements of the Securities Act of 1933, including
without limitation Rule 478 thereof, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for
filing on Form S-8 and has duly caused this Post-Effective Amendment No. 1
to this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Chicago, State of
Illinois, on September 3, 1996.


                                     AMOCO CORPORATION
                                        Registrant


                         By:  S. F. Gates
                              S. F. Gates, Vice-President, General Counsel
                              and Corporate Secretary and Agent for Service
                              of Process